As many people in New Jersey learned during the recession, if the market crashes or someone loses their job even financially responsible homeowners may find themselves facing foreclosure. While the American economy has come a long way since then, there are still many homeowners facing foreclosure due to falling behind on payments. What can people do when this happens?
If you are about to lose your home in New Jersey, one of the key questions you may want an answer to is if you can stall the process. The short answer to the question is yes. The long answer requires more explanation.