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Articles Posted in “Chapter 13”

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Help for New Jersey Residential Foreclosures: Do Not Lose Your Home – Help is Here!

Families across New Jersey are facing difficulties paying their home mortgages and facing foreclosure. There are many steps that can be taken to avoid foreclosure and keep the home. The important thing is to do something. Homeowners facing foreclosure should seek counsel from an experienced New Jersey real estate attorney…

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How New Jersey Homeowners Can “Cram-Down” or “Strip-Off” Second Mortgages in Chapter 13 Bankruptcy

New Jersey homeowners who file for chapter 13 bankruptcy protection may be able to cease paying their second mortgages if their homes are “underwater.” When the amount that a homeowner owes on her mortgages is more than the home is worth it is considered “underwater.” Relief is available to New…

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