S1181

17 Apr: Gill Measure Signed To Help Homeowners Settle Mortgage Debt

TRENTON – A bill, S-1181, sponsored by Senator Nia H. Gill to help homeowners save their homes from foreclosure by finding out exactly how much they owe was signed into law today by Governor Corzine.

“Before a lender takes the final step to foreclose on someone’s home, the owners with the debt should be able to find out exactly how much they owe,” said Senator Gill, the Chair of the Senate Commerce Committee. “This new law will help people put together the correct amount to settle the debt and save their homes.”