Skip to main content

Banks Foreclosure Time-Barred by 6-year Statute of Limitations

In NJ, there is a six year statute of limitations for foreclosure actions. The statute of limitations runs from the default on the loan. If a lender fails to initiate a foreclosure action until after six years from the accelerated maturity date, their claim is disallowed under state law.

Additional resources provided by the author

Rate this guide

Recommended articles about Real estate

Can’t find what you’re looking for?

Post a free question on our public forum.

Ask a Question

- or -

Search for lawyers by reviews and ratings.

Find a Lawyer