Bankruptcy is a helpful solution for difficult financial problems. For example, some people have a [..]
Sheriff Sales in Camden County
Experienced Debt and Bankruptcy Attorneys Protect Your Home against Foreclosure in New Jersey
After a foreclosure action is filed by a lender or mortgage company, and a judgment is obtained against the property owner for failure to pay the mortgage, the property may be auctioned off at a sheriff sale, which is a public auction where the property is usually sold. Once the sale is complete, the lender may decide to pursue the former homeowner(s) to obtain a deficiency judgment, which is the amount remaining on the mortgage after the sheriff sale.
At the law firm of Brenner Spiller & Archer, LLP, our New Jersey sheriff sale attorneys are committed to helping clients stop foreclosure proceedings and sheriff sales. Bankruptcy lawyer Brad Spiller has more than 30 years of experience in bankruptcy and foreclosure defense and has helped clients save their homes, avoid extra payments and obtain the debt relief that they need. Where bankruptcy is not your best option, he can also help you consider the possibility of a loan modification in order to save your home in Central or South Jersey.
Bankruptcy and Sheriff Sales
If you are trying to stop a foreclosure proceeding, prevent a sheriff sale and save your home, one of your most effective options may be Chapter 13 bankruptcy. Once you file a Chapter 13 bankruptcy, foreclosure proceedings will stop and any scheduled sheriff sale will be postponed. Although you would never want to wait this long to do something about your situation, even if you file your Chapter 13 bankruptcy on the day of the sheriff sale, the sale will still be stopped — as long as it is filed in time.
If you are in danger of losing your home, or if your home has already been sold in a sheriff sale and your lender is asking you to pay for the remaining amount of the mortgage, you need to contact an experienced attorney right away.
Contact Our New Jersey Public Auction Attorneys
There are debt relief options available that may enable you to stop foreclosure and save your home. Brenner Spiller & Archer, LLP can help you. Contact our New Jersey bankruptcy lawyers online or call 856-963-5000 to schedule a free initial consultation to discuss your situation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.