Foreclosure After Spouses Death

Summary

The user, a widow in New Jersey, is facing foreclosure after her husbands death. She is not listed on the mortgage or deed, and the lender refuses to negotiate with her. She attempted to apply for a probate process to transfer the property to her name, but was told she would need a surety bond due to the absence of a will and the estates value being over $50,000. She is unsure if she will qualify for a surety bond.

Full Conversation

My late husband and I were married for 32 years and lived in our home almost as long , he passed unexpectedly in July *, we had no will but still have a mortgage balance, I became I’ll and fell behind and am now facing foreclosure , I do not believe I will qualify for a surety , I applied today and it it’s not looking good hello
I'm sorry to hear about your situation, ****. Can you tell me which state you're located in? This will help me provide more accurate information.
New Jersey
I'm sorry to hear about your situation, ****. Have you contacted your mortgage lender to discuss your circumstances and explore possible solutions?
because I’m neither on the mortgage nor deed they will not speak nor negotiate with me and that’s weird because shortly after my husband passed I was able to speak with them and pay them
Have you considered applying for a probate process to transfer the property to your name?

General Information:
- In New Jersey, probate is necessary to transfer property.
- Contact: Surrogate's Court, Essex County, NJ: (*) *-*.
o attempted to do that today and was told I would need a surety bond
What is the reason given for needing a surety bond?

General Information:
- Surety bonds are often required in probate cases to protect the estate's assets.
because there is no will and the assets were over $*,*
General Information:
- In New Jersey, a surety bond is required in probate cases when there's no will and the estate is over $*,*.
- Contact: Surrogate's Court, Essex County, NJ: (*) *-*.
nit what if I don’t qualify for a surety bond
If you don't qualify for a surety bond, you may consider seeking legal advice or assistance from a probate attorney. They can guide you through alternative options.