Community centers often play an important role in many neighborhoods of New Jersey, but even these facilities are not immune from crushing debt issues plaguing millions of Americans right now. When debt becomes overwhelming, many of these centers either close their...
With the recession and sluggish economic recovery, many New Jersey homeowners are still finding themselves underwater on their mortgages -- with little relief in sight. And since a state court put an end to the unofficial moratorium on foreclosures in August, experts...
With a wave of foreclosures flooding the state of New Jersey, people get used to hearing the same types of stories. Situations such as surprise medical bills, lost jobs and the end of unemployment benefits can all lead to hardworking families losing their homes. What...
It's tough to keep your house in New Jersey when you are experiencing financial difficulty and cannot seem to get the bank's attention. Many New Jersey homeowners are wallowing in debt and depend on mortgage modifications to stop foreclosure. However, banks are...
As if things weren't already rough enough for struggling homeowners, New Jersey courts have now delivered a crushing blow. Acting on requests made by four of the country's largest banks, a judge has permitted resumption of home foreclosures in the state. One of the...
A recent survey revealed of the two-thirds of Americans who have a mortgage, 22 percent are struggling to make their payments. Clearly, many homeowners have found themselves in less-than-ideal situations and do not know where to turn to stop foreclosure from...
Finding yourself deep in debt can make your life very stressful. You may be receiving constant calls and e-mails from creditors, or be facing a possible foreclosure. Each bill you are unable to pay can leave you feeling overwhelmed under a mountain of debt. This may...
In an effort to stop foreclosure on homes in these difficult economic times, the U.S. Treasury's Hardest Hit Fund has been allocated $112 million to help 18 states, as well as Washington, D.C., that have been badly affected by the economic downturn. With financial...
A number of judges, including at least one in New Jersey, continue to express doubts that foreclosure proceedings have improved since last year. According to one New York State Supreme Court Justice, lenders have not done much to bring procedures up to par. He...
Each quarter, RealtyTrac compiles foreclosure data from across the country. Last week, the company announced the foreclosure numbers for the first quarter of this year. According to their report, the foreclosure rate was down by 44 percent in New Jersey when compared...
