Options After Act 91 Notice
There are generally three options for a homeowner after the bank sends its pre-foreclosure notices: 1. Cure The Default – Within 30 days from the date of the ACT 91 Notice, the borrower may cure the default by bringing the mortgage current. The borrower must pay...Foreclosure Notes
In Pennsylvania, a lender is required to send certain notices to the homeowner before it files a foreclosure lawsuit. These notices are often sent by a bank, its servicer or the bank’s law firm. It is wise to open mail regardless of whether you recognize the sender’s...New Jersey Judge Vacates Bank’s Default Judgment
We represent the homeowners in an action in Somerset County, New Jersey. The bank claims that its process server successfully served our clients with a foreclosure lawsuit in December, 2012, yet our client claims he was never served. The bank’s process server...Foreclosure Defense Authority Michael Gaier Presents Educational Program
Philadelphia, PA (June 19) – Philadelphia and South Jersey area foreclosure defense authority Michael H. Gaier, Esq. recently presented “Don’t Lose Your Shirt And Your Home: What Professionals Must Know About The Tricky Area Of Foreclosure Defense” for the...Settlement Results in Cash Payout and Mortgage Principal Reduction
We recently settled a vigorously contested Philadelphia foreclosure case against one of the nation’s biggest banks. Three weeks before the trial was scheduled to start, the bank, originally represented by a local foreclosure law firm, brought in and retained as trial...