New Jersey foreclosure backlog
Due to the backlog in processing foreclosure cases, it can take up to 24 months to complete a residential foreclosure case in New Jersey. It takes at least three months for the court to enter a final judgment of foreclosure together with a writ of execution, authorizing the Sherriff to seize and sell the property.
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However, in the last few years, the Courts in New Jersey have tried to minimize the foreclosure backlog and shortened the time it takes to clear cases. According to recent news, the number of foreclosures cases in the state has been reduced by 85% since 2011. The country has about 20000 instances, which is about the amount it had before to the financial crisis.
For information on foreclosure defense call us at (877) 399 2995. We offer litigation document review support, mortgage audit reports, securitization audit reports, affidavit of expert witness notarized, and more.