The foreclosure process in NJ takes anywhere from 6 months to a year or more. Statutory redemption period is 10 days following the Sheriff's Sale. That redemption can be extended via a post sale chapter 13 bankruptcy. The Right of Redemption can be sold to a third party.
The foreclosure process in NJ takes anywhere from 6 months to a year or more. Statutory redemption period is 10 days following the Sheriff's Sale. That redemption can be extended via a post sale chapter 13 bankruptcy. The Right of Redemption can be sold to a third party.