When foreclosure is looming, you not only need to understand all your client's options, you also need practical techniques for protecting your client's interests. Get the tools you need! This practical instruction begins with a detailed walk-through of the various loan workout options and the foreclosure process. Then take an in-depth look at how to handle the title, environmental and post-foreclosure issues commonly encountered when working with troubled assets. Take your skills to the next level. Order today!

1. The Foreclosure Process in New Jersey  
2. Workouts – The Various Tools in the Toolbox for Working Out Troubled Real Estate Loans 
3. Foreclosure Action & A Parallel Law Division Action
4. Title Issues in the Foreclosure Process and Workout Context
5. Ethics
6. Post-Foreclosure Issues

Continuing Education Credits:   

* denotes specialty credits

The Foreclosure Process in New Jersey
9:00 - 10:00, Ann B. Bradley  

• Notice Requirements
• Foreclosure Hearing
• Foreclosure Sale
• Upset Bid
• The "Closing" With Third Party Bidders
• Deficiency

Workouts – The Various Tools in the Toolbox for Working Out Troubled Real Estate Loans
10:15 - 11:15, Ann B. Bradley  

• Pre-Negotiation
• Forbearance
• Deed in Lieu of Foreclosure
• Loan Modifications
• Discounted Payoffs

Foreclosure Action & A Parallel Law Division Action
11:15 - 12:00, James J. Curry

• The Note & Guaranties
• Deficiency Actions in the Law Division
• Attorney Fees/Costs

Title Issues in the Foreclosure Process and Workout Context
1:00 - 2:15, Stephen McNally

• The Loan Policy
• Using the Title Commitment and Prior Title Information
• Title Aspects of Foreclosure Alternatives
• Title Issues During Foreclosure
• Parties Involved and Obtaining Jurisdiction
• Actions the Mortgage Holder can Take
• Post-Judgment Issues

Ethics
2:30 - 3:30, Stephen McNally and Juan C. Perez

• Conflicts of Interest
• Multiple Representation Issues
• Due Diligence and Duty to Disclose
• Attorneys' Fees

Post-Foreclosure Issues
3:30 - 4:30, Juan C. Perez

• Foreclosing Lender's Responsibilities Under the New Jersey Anti-Eviction Act, and REO Conveyances
• Eviction and Ejectment
• Eviction Procedures and Issues
• Ejectment Procedures and Issues
• Liability for Code Violations, Taxes, Homeowner Dues, Etc.
• Property Preservation Problems

ANN B. BRADLEY is an attorney in Ocean Grove, New Jersey. She has focused her practice in the areas of real estate and foreclosures law since 1989. Ms. Bradley earned her B.A degree at St. John's University - Jamaica, New York and her J.D. degree at St. John's University School of Law.

JAMES J. CURRY is the principal of the Toms River law firm of James J. Curry, Jr. He is a Certified Civil Trial Attorney by the Supreme Court of New Jersey, Board on Trial Attorney Certification. Mr. Curry also has Certification in Elder Law by New York University's, School of Continuing and Professional Studies. His main areas of practice include medical malpractice litigation, general litigation, estate planning, probate litigation, civil practice, elder law, wills, probate, trusts and estates, asset protection, and guardianship. Mr. Curry earned his B.S. degree at St. Peter's College, his J.D. degree at Fordham University and an LL.M. degree at New York University. Mr. Curry is a member of the New Jersey State and American bar associations, The Association of Trial Lawyers of America, National Academy of Elder Law Attorneys, and New York State Trial Lawyers Association.

STEPHEN MCNALLY is a member of the Cherry Hill law firm of Chiumento McNally, LLC, where his practice is devoted to real estate, bankruptcy, foreclosure and commercial transactions. Mr. McNally earned his B.S. degree, cum laude, from St. Joseph's University and his J.D. degree from Temple University. He was a guest speaker for the Bucks County Community College on negotiable instruments and has spoken on real estate and bankruptcy to various business and professional groups. Mr. McNally is a member of the Camden (member, Debtor/Creditor Relations Committee) and New Jersey State (member, Real Property and Trust Committee) bar associations.

JUAN C. PEREZ rejoined the LOGS network of attorneys in September of 2008 as managing partner in New Jersey. He brings more than 17 years of experience in real estate, title insurance, and litigation to the position. Prior to joining Shapiro & Perez, LLP, Mr. Perez was general counsel for a regional title insurance company, where he oversaw underwriting activities, supervised the company's foreclosure and REO operations and managed the companies foreclosure legal review affiliate. Before joining the title company, Mr. Perez was counsel to Budd Larner, P.C., where his practice focused on the representation of institutional lenders in litigation and transactional matters, including mortgage foreclosures, replevins, collections, bankruptcies, lease negotiations and other real estate matters. He started his career in creditor's rights litigation as a litigation associate with the Shapiro & Kreisman firm. Mr. Perez is licensed to practice law in New Jersey, Pennsylvania and Florida. He is past chair of the District IV Ethics Committee (Camden/Gloucester Counties) and is a member of the New Jersey Bar Association, Camden County Bar Association, Pennsylvania Bar Association and the New Jersey Hispanic Bar Association. He is also a member of the Board of Directors for the Philadelphia/South Jersey Chapter of the National Association of Hispanic Real Estate Professionals (NAHREP). Mr. Perez is a frequent speaker on real estate and creditor's rights issues.

Please refer to Continuing Education Credit FAQ for general information about seeking credit for your participation in one of our continuing education programs.

Additionally, our team of credit specialists are here to answer your specific credit-related questions weekdays 7am - 5pm Central:

Phone: 866-240-1890

Email: credit@nbi-sems.com