My Sheriff’s Sale is Looming: Can I Still Save My Home?


Sometimes when you know you’re about to receive less-than-desirable news, it can be tempting to bury your head in the sand rather than deal with the unpleasantness at hand. As they say, “Denial isn’t just a river in Egypt,” and it can often seem like a better alternative than facing your reality.

If you’ve had recent money troubles, you may find yourself taking those ominous looking envelopes that keep arriving and tossing them directly into the trash bin, hoping that if you don’t acknowledge the problem, it doesn’t really exist. Of course, we all know that ignoring a problem will almost always make it worse, but none of us are perfect and everyone makes mistakes.

Eventually, when you’re finally ready to face the music, you will get an abrupt reality check of overdue bills, past due notices, and threatening letters from your creditors. If you haven’t been making your home loan payments, you may potentially find that your mortgage lender has filed for foreclosure. Regardless of how long you’ve been ignoring things, your first instinct may be to panic.

Don’t panic.

Even if you’re looking at a notice that says the Sheriff’s Sale for your home is scheduled to take place next month, instead of panicking, do this: Find the most qualified foreclosure defense firm in your area and describe your situation to them. Experienced legal teams can and will take on your case, even “at the last minute.”

How can I possibly save my home if the Sheriff’s Sale is only weeks away?

The right NJ foreclosure defense attorney will assure you that you still have options even when it feels like you’ve waited too long. HAMP (The Home Affordable Modification Program) is a program that was created by the federal government to help people who have found themselves struggling in a sluggish economy. The main goal of HAMP is to help homeowners like you by modifying your loan so that your monthly mortgage payment doesn’t exceed 31% of your gross income. For those people who’ve been impacted by financial hardships, this can often be enough to take the air out of an impending foreclosure.

Working with a strong legal team who is trained and experienced in dealing with difficult and/or unusual circumstances surrounding foreclosures is the key to your success this late in the game. A proven track record of successful ‘late date’ loan modifications is what you should look for in a NJ foreclosure defense lawyer. An attorney with the right expertise is likely to be able to save you from eviction, and may even be able to negotiate lower monthly payments than you had been making previously.

Ignoring your bills is definitely not recommended. The good news, though, is that even if you had your head stuck in the sand for quite awhile, you’ve now plucked it out and are taking the bull by the horns. No matter what has transpired in the past, you are doing the right thing by trying to improve your situation and asking for help.

Image credit: Jim Linwood


4 Responses to My Sheriff’s Sale is Looming: Can I Still Save My Home?

  1. Pingback: Negotiated an Agreement with Someone? Put it IN WRITING. | Veitengruber Law

  2. Pingback: Foreclosure in New Jersey: How Long Does it REALLY Take? | Veitengruber Law

  3. Pingback: Am I Risking Foreclosure for Non-Payment of a Home Equity Loan? | Veitengruber Law

  4. Pingback: What is the Best Foreclosure Alternative? | Veitengruber Law

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