Denbeaux & Denbeaux Evaluation of Foreclosure Report Reveals False Hope for Genuine Estate Market place Growth- Fraudulent Processing Threatens Market place Recovery

Westwood, NJ (PRWEB) February 11, 2011

As enhanced foreclosure activity in New Jersey is becoming reported by RealtyTrac, lawyer Joshua Denbeaux of the law firm Denbeaux and Denbeaux, notes that banks continue to press on with foreclosure processing even as homeowners apply for sustainable house loan modifications.

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Denbeaux and Denbeaux, http://www.denbeauxlaw.com, is a Westwoord, New Jersey law firm that specializes in foreclosure defense and house loan modifications.

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“The banks do not usually act in their ideal interest. Even exactly where a Homeowner is a fantastic candidate for modification, the bank could deny a modification, forgo month-to-month mortgage payments and danger taking ownership of a distressed and devalued residence. As a outcome, Property owners needing loan modifications have to pursue the banks aggressively in order to get them to the table, ” says Joshua Denbeaux.

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RealtyTrac