Default, Real Estate, & Collection Attorneys Mount Laurel, New Jersey

14000 Commerce Parkway Suite H Mount Laurel, New Jersey 08054
T: 856.724.1888 F: 856.793.9130

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New Jersey Legal News

Federal | Legal Alerts

Non-Judicial Foreclosures and Junior Federal Non-IRS Liens

As many of you may be aware, the impact of the Show Me State Premium Homes, LLC v. McDonnell, 74 F.4th 911, 914 (8th Cir. 2023), reh'g denied, No. 22-1894, 2023 WL 5920101 (8th Cir. Sept. 12, 2023) 8th Circuit Court of Appeals case is rippling through our industry. This week, a major underwriter issued guidance indicating that a junior non-IRS lien should be...

New Jersey | Legal Alerts

New Jersey Legislature passed the Community Wealth Preservation Act

The New Jersey Legislature passed the Community Wealth Preservation Act (“CWPA”) on January 12, 2024 expanding access for certain buyers to purchase properties at sheriff sales. CWPA addresses two components of the sheriff sale process in New Jersey: (1) the notice of sale format sent to “foreclosed upon defendant(s)”,  (2) the rights of “certain persons” to purchase the property at or before the sale. The CWPA...

New Jersey | Firm Updates

ALAW Expands Footprint with Addition of Milstead & Associates

ALAW is thrilled to announce the expansion of our footprint with the addition of two new states, as well as a distinguished new partner to steer our upcoming growth phase. We warmly welcome Michael Milstead and his accomplished team at Milstead & Associates to the ALAW family. Milstead & Associates, established in 2001, has served as a regional creditor's rights law firm with an exclusive...

Federal | Legal Alerts

CFPB’s Proposed Debt Collection Rule

On Tuesday, May 7, 2019 the Consumer Financial Protection Bureau (CFPB) issued their proposal to amend Regulation F, which incorporates the Fair Debt Collection Practices Act (FDCPA). The proposed rule takes into account the current communication landscape, which vastly differs from when the FDCPA was first enacted. Specifically, it clarifies how debt collectors can communicate with consumers via email and text messages. The use of...