New Jersey Foreclosure Case Information Statement (FCIS)

State:
New Jersey
Control #:
NJ-SKU-0786
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PDF
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Description Nj Fcis Form

Foreclosure Case Information Statement (FCIS)
The New Jersey Foreclosure Case Information Statement (FCS) is a document that outlines the details of a foreclosure case in the state of New Jersey. It is issued by the Superior Court of New Jersey and provides information such as the plaintiff and defendant's contact information, the date of the complaint, the case number, the type of foreclosure action, the reason for the foreclosure, and any deadlines established by the court. The FCS also includes information about the mortgage lender, the mortgage broker, the borrower, the lender's attorney, and the borrower's attorney. The FCS is typically required for all foreclosure proceedings in New Jersey and must be filed with the court. There are two types of New Jersey Foreclosure Case Information Statement (FCS): the Notice of Intention to Foreclose and the Scheduling Order. The Notice of Intention to Foreclose outlines the plaintiff's intention to proceed with a foreclosure action and includes information such as the borrower's name, address, and loan information. The Scheduling Order outlines the agreed-upon timeline of the foreclosure process and includes deadlines such as when the borrower must respond to the complaint, when the lender must file a motion for summary judgment, and when the court must issue a judgment.

The New Jersey Foreclosure Case Information Statement (FCS) is a document that outlines the details of a foreclosure case in the state of New Jersey. It is issued by the Superior Court of New Jersey and provides information such as the plaintiff and defendant's contact information, the date of the complaint, the case number, the type of foreclosure action, the reason for the foreclosure, and any deadlines established by the court. The FCS also includes information about the mortgage lender, the mortgage broker, the borrower, the lender's attorney, and the borrower's attorney. The FCS is typically required for all foreclosure proceedings in New Jersey and must be filed with the court. There are two types of New Jersey Foreclosure Case Information Statement (FCS): the Notice of Intention to Foreclose and the Scheduling Order. The Notice of Intention to Foreclose outlines the plaintiff's intention to proceed with a foreclosure action and includes information such as the borrower's name, address, and loan information. The Scheduling Order outlines the agreed-upon timeline of the foreclosure process and includes deadlines such as when the borrower must respond to the complaint, when the lender must file a motion for summary judgment, and when the court must issue a judgment.

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FAQ

Step 1: You Default on Your Loan The lender is usually not allowed to file a foreclosure lawsuit until you are more than 120 days late in paying your mortgage.

Under New Jersey law, however, all foreclosures must be judicial, which means they go through the court system (and you can't file a separate lawsuit to challenge foreclosure). You can stop foreclosure by curing a default on your mortgage payments at any time up until the entry of a final judgment.

There is a common misconception that as soon as the lender files a foreclosure lawsuit you must move out. That is not true. The New Jersey foreclosure process can take several months from the beginning until eviction. Only once you are evicted do you need to leave.

New Jersey is a judicial foreclosure state which means that if you default on your mortgage, the lender must go to court in order to repossess your home. (Some states use nonjudicial foreclosures, which do not go through court.)

The Fastest Possible Foreclosure Timeline is About 12 Months If you fail to Answer they must move for Default and have the case returned to the Office of Foreclosure. Then, they must wait 14 days to Move for Entry of Final Judgment. It takes at least 30 days for Final Judgment to be entered.

If you choose to file an answer, you must do so within 35 days from the date that you receive the summons and complaint; and you must include a completed Foreclosure Case Information Statement, a Certification Pursuant to Court Rule -1 and the $175.00 filing fee ($250 for Answers with Counter-Claim, Cross-Claim and/

It takes at least 30 days for Final Judgment to be entered. It takes another 30 days for a writ to be issued and filed and another 30 days for the Sheriff to schedule a foreclosure sale. The homeowner has 60 days of statutory adjournments as of right.

State law requires that all residential mortgage lenders give residential mortgage debtors at least 30 days prior notice before commencing any foreclosure or other legal action to take possession of property (the ?Notice of Intention to Foreclose?).

More info

Instructions for Completing the Foreclosure Case Information Statement (FCIS). Use this as a cover letter for a party's first pleading.Download Foreclosure Case Information Statement (FCIS (10169) – Courts (New Jersey) form. Borrowers in foreclosure cases filed after July 1, 2009, have the legal right to request a settlement conference with the mortgage lender. A foreclosure case information statement (FCIS) must accompany all complaints and answers.

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New Jersey Foreclosure Case Information Statement (FCIS)