US new-home sales surge, but is it sustainable?
Home prices are high and so is uncertainty. But the pandemic is still affecting many homeowners leading to an expected rise in foreclosures. If that is your case, call our Northeast foreclosure attorneys now.
The eviction moratorium is over. What now?
Landlords and debtors are ready to start collecting missed payments. If you are behind on rent or mortgage payments, now is not the time to give up. Our bankruptcy lawyers can help stop your foreclosure through a variety of debt relief strategies.
Is it better to file for bankruptcy before or after a foreclosure?
In the wake of COVID-19, it would be nice to think that debtors will be more understanding of those who have fallen behind on their payments. Sadly, this is not proving to be the case.
The Second Wave: Are Homes In Jeopardy Of Foreclosure?
If we see a return of the pandemic, it is highly likely that thousands of homeowners will lose their homes in the wake of the second wave. Rather than giving up or doing nothing, now is the time for you to take action!
How Bankruptcy Can Save Your House
Facing foreclosure? You can run out of options fast. You apply for a mortgage modification, only for the bank to deny it. You try to catch up, and you find it impossible. You try to stall through any of the legal remedies open to you, and you fend off scammers. But you’re really only buying […]
How to Spot a Foreclosure Scam
You’re vulnerable when you’re facing foreclosure. You’re under a lot of stress, and you may not know what you should do to protect your home. So if you’re in this situation, it’s very important for you to know the signs of a mortgage scam so you don’t lose money you can ill-afford to lose. Asking […]
Understanding the New Jersey Foreclosure Process
In New Jersey, foreclosure happens over a series of steps. Understanding these steps helps you understand your options, and how you might mount a foreclosure defense. Keep in mind the earlier you seek and obtain representation during this process, the more likely you are to keep your home. There are a series of decisions you’ll […]
5 Things to Know About PA Sheriff’s Sales
Pennsylvania is one of the states with the highest foreclosure rates in America. And the sad end result of most foreclosure actions is a Sheriff’s Sale, whereupon the property is sold to the highest bidder. What is a sheriff sale and how does it work with foreclosure? As mentioned earlier, when a property is defaulted […]
Received a letter from one of these entities or law firms? The foreclosure process could have started
The foreclosure process is a complex one in Pennsylvania. It is a process that no one ever intends or desires to go through. However, the more one knows about the process the better they can navigate the foreclosure maze and increase their chances of keeping their home for years to come. Generally, an individual or married […]
When Should Chapter 13 Be Used as a Stalling Tactic?
In a previous post we discussed how some clients file a Chapter 13 bankruptcy as a legal stalling tactic, one that gives them some time to maneuver into a better position. As you can imagine, this isn’t a strategy one embarks on lightly. It can, however, be an appropriate strategy when one is using a […]
New Jersey Tops the Nation for Foreclosures
Many people think of the 2008 housing crisis as something which came and went over the course of four years. Over and done with. For some, however, the nightmare never stopped. The 2017 statistics are out, and they place New Jersey at the top of the nation for the number of foreclosures that took place […]
Federal Courts: Foreclosures Must Comply with FDCPA
If you are in the middle of a foreclosure proceeding at some point there’s a good chance you’ll stop receiving notices from your bank. Instead, you’ll be receiving notices from whatever foreclosure attorney represents your bank as they move through the steps required to relieve you of your home. Though it has been a hotly […]
New Bill May Make Life Easier for Reverse Mortgage Borrowers
As Philadelphia bankruptcy and foreclosure defense lawyers we keep careful watch over legislative changes which may impact our clients. One of the types of foreclosure defense cases we receive involves reverse mortgages. You may have seen these mortgages advertised on television. They’re marketed primarily to the elderly, people who typically have a great deal of […]
How Can I Stop a Home Foreclosure in Pennsylvania?
Home-ownership is part of the American dream and something that many people aspire to achieve. Once they do have a home, most people pour their heart and soul into it while creating years of memories. We understand that facing foreclosure is an extremely difficult situation, but we also encourage homeowners who are facing foreclosure to […]
Mortgage Modification Foreclosure Defenses
In difficult financial times it is common for homeowners to seek a “modification” of their existing home loan. At Sadek Bankruptcy Law Offices we aim to provide our clients with the best options and strategies to make their homes affordable and avoid mortgage foreclosure. A mortgage modification is available to a homeowner who may be […]