Legal Question in Family Law in New Jersey
foreclosure
i am in separation and my house is in foreclosure. Can the bank garnish your wage?
Asked on 1/31/07, 4:26 pm
1 Answer from Attorneys
Gary Moore
Gary Moore Attorney At Law
Re: foreclosure
You must act quickly. List the house for sale immediately. The bank does not want your house so long as you are acting to pay off the mortgage.
If you allow the house to sold at a sheriff's sale after a foreclosure judgment is entered against you you will be stuck with the difference between the judgment against you and the amount that some sharpie buys your house for at a sheriff's sale.
Call me if you like.
Gary Moore, Esquire
Hackensack, New Jersey
www.garymooreattorneyatlaw.com
Answered on 1/31/07, 5:40 pm