Foreclosure Defense in Montclair
Stop or delay foreclosure through loan modification, short sales, and direct negotiation with your lender, in every New Jersey county.
Learn moreMontclair foreclosure defense and real estate attorney
Montclair's Victorian and Tudor homes carry some of the highest values in Essex County, and that equity is exactly what a foreclosure puts at risk. A Montclair homeowner in default usually has more options than they realize, because a well-secured loan is one the lender would much rather modify than foreclose. David Chapman represents Montclair homeowners in the Chancery Division in Newark and directly with their lenders.
Local knowledge that matters
Contested Montclair foreclosures are heard by the Essex County General Equity judges in Newark, reachable at (973) 776-9300 ext. 56900. The Essex County Sheriff holds foreclosure sales on Tuesdays at 1:30 PM, every other week, on the 14th floor of 60 West Market Street in Newark, with a 20 percent deposit by bank check. The Foreclosure Unit is at (973) 621-4116.
Essex allows two statutory adjournments of 28 days each at $28, requested by 12:00 noon on the sale date. With a high-value home, those 56 days are often enough to close a short sale that preserves most of the equity, or to complete a modification.
Montclair defaults are often triggered by a job loss, a business downturn, or a divorce rather than by an unaffordable loan. Those are documented hardships, and a modification, a negotiated deed in lieu, or a short sale with the deficiency released in writing is almost always better than a sheriff's sale. The court's mediation program is free for owner-occupants who request it within 60 days of service.
Courthouse: Essex County Superior Court, Chancery Division (General Equity), Newark, NJ · (973) 776-9300 ext. 56900
Serving ZIP codes 07042, 07043
Offices are located in Fort Lee, Matawan. Consultations for Montclair residents are available by phone, video, or in person. Request a free consultation.
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Tell David what you're facing. You'll leave the conversation knowing your options, with no pressure and no obligation. Calls returned within one business day.