In a foreclosure action, the judgment of foreclosure directs that the mortgaged premises be sold at auction to pay the sum due to the foreclosing plaintiff. The Plaintiff files a foreclosure lawsuit to ask the court to sell the home to repay the mortgage debt.Learn how long it takes to foreclose on a home in New Jersey, the best way to avoid foreclosure and the steps in the New Jersey home foreclosure process. Intheblanks form required for any matter originating and electronically filed in Supreme or Surrogate's Courts in Richmond County. When you are included in the lien sale, the City of New York sells your debt to an authorized buyer. The buyer then has the right to collect what you owe. This Residential Foreclosure Actions Consumer Bill of Rights provides guidance to homeowners facing foreclosure in New York. Plaintiff claims that Kings Mortgage and DOES 2 through 4 do not have the authority to foreclose on the. At the start of the foreclosure action, the bank must notify all tenants that the property is the subject of a foreclosure action. In the foreclosure action, the District Court granted summary judgment to the United States and entered a Judgment of Foreclosure against the debtor.