Mr. John P. Fazzio III Esq.
Your NJ Foreclosure Defense AttorneysJohn Fazzio is an aggressive young trial lawyer who is a fierce advocate for his clients in and out of the courtroom. He lives for David and Goliath type contests. John is not afraid to go to trial and has gone all the way to verdict on varied cases including foreclosure, bankruptcy, tax, intellectual property, criminal, and personal injury. John has also prosecuted a number of appeals cases. John regularly practices in the State and Federal Courts in New York and New Jersey.
- Foreclosure Defense
- Tax Law
- Business Taxes, Criminal Tax Litigation, Estate Tax Planning, Income Taxes, International Taxes, Payroll Taxes, Property Taxes, Sales Taxes, Tax Appeals, Tax Audits, Tax Planning
- Business Law
- Business Contracts, Business Dissolution, Business Finance, Business Formation, Business Litigation, Franchising, Mergers & Acquisitions, Partnership & Shareholder Disputes
- Trademarks
- Trademark Litigation, Trademark Registration
- Bankruptcy
- Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debt Relief
- Criminal Law
- Criminal Appeals, Drug Crimes, Expungement, Fraud, Gun Crimes, Internet Crimes, Sex Crimes, Theft, Violent Crimes
- Family Law
- Adoption, Child Custody, Child Support, Father's Rights, Guardianship & Conservatorship, Paternity, Prenups & Marital Agreements, Restraining Orders, Same Sex Family Law
- Free Consultation
- Credit Cards Accepted
- Contingent Fees
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Rates, Retainers and Additional Information
Contingent (25%-33%), Fixed (Always), Free Consultation (60 minutes), Hourly ($125-$475/hour), Pro Bono (5%), Retainer (Sometimes)
- New Jersey
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- New York
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- Pennsylvania
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- English: Spoken, Written
- Managing Attorney
- Fazzio Law Offices
- - Current
- Represented individual and business taxpayers in tax controversy matters. Focus of tax practice is on serious tax delinquencies for high net worth individuals and businesses with revenues between $1MM and $50MM annually. Represent homeowners in Foreclosure Defense matters. Fazzio Law Offices defends contested foreclosure litigation matters for homeowners seeking to reduce the principal balance and interest payment on their loan and seek a favorable modification, and homeowners looking for an alternative financial solution to save the equity in their property. Fazzio Law Offices also prosecutes Consume Fraud Act cases in NY and NJ relative to predatory lending practices in loan origination, modification fraud, and other financial institution abuses. Fazzio Law Offices handles trial work in the State and Federal Courts in New Jersey and New York on a wide array of commercial litigation matters, including business divorce cases, intellectual property disputes, shareholder litigation, breach of contract actions, etc.
- Associate Attorney
- Law Offices of Donald G. Koch
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- Represented individual taxpayers and business in tax controversy disputes with the IRS and state taxing authorities. Prepared back tax returns. Prosecuted Offers-in-Compromise and Penalty Abatement applications for taxpayers. Negotiated Installment Agreements. Represented taxpayers in CDP Hearings. Prosecuted Tax Court Petitions. Defended taxpayers in IRS audits.
- Corporate, Tax, and Litigation Associate
- Archer & Greiner, P.C.
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- Worked as a business lawyer with expertise in the tax and intellectual property fields. Advised companies on mergers and acquisitions, divestitures, spin-offs, financing transactions, joint ventures and strategic alliances, equity and debt issues, and general corporate matters. Utilized a multidisciplinary tax knowledge to achieve the most tax-efficient structure for transactions. Advised companies on the federal income tax consequences of transactions. Regularly advised technology companies on license agreements, co-promotion and marketing agreements, R&D agreements, and other technology-driven transactions.
- Corporate, Tax, and Litigation Associate
- Scarinci & Hollenbeck, LLC
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- Concentrate on business law and commercial real estate. Worked on matters involving complex commercial transactions, mergers and accquistions, business restructurings and commercial finance, business formations, the purchase and sale of businesses, and various commercial real estate matters. Work on a variety of estate planning matters and intellectual property matters. Handled Tax Controversy matters for high net worth individuals and businesses in the $1MM to $50MM range.
- Law Clerk to the Honorable Frederick J. Schuck, J.S.C.
- New Jersey Judiciary
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- Performed legal research. Drafted bench memoranda, composed recommendations, and assisted Judge with suppression and pre-trial motions. Prepared jury instructions. Assisted with judicial management of the Court calendar, attorney conferences, scheduling orders, and miscellaneous court business.
- Student Assistant
- Burlington County Prosecutor's Office
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- Performed duties of a Student Assistant to prosecutors in the Appellate and Trial Team units. Negotiated pleas, sentenced defendants, and argued suppression motions. Argued weekly bail motion calendar.
- New York University School of Law
- LL.M. (2010) | Taxation
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- Columbia University
- MBA (2005) | Corporate Finance
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- Brooklyn Law School
- J.D. | Real Estate, Taxation, Corporate Law, Litigation, Criminal Defense
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- Honors: Faculty Real Estate Award. Faculty Trial Law Award.
- Activities: Moot Court Honor Society. Journal of Law and Policy.
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- Rising Star
- Super Lawyers
- Real Estate Prize
- Brooklyn Law School
- Awarded by Brooklyn Law School faculty for student showing the most promise in the practice of Real Estate Law.
- Trial Advocacy Prize
- Brooklyn Law School
- Awarded to students showing the greatest promise in trial advocacy out of the graduating class.
- Winner
- Albert R. Mugel National Appellate Tax Competition
- University of Buffalo Law School -- Coached winning team and secured a victory over all other competitors in arguing an appellate tax issue.
- New York County Lawyer's Association
- - Current
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- New Jersey State Bar
- - Current
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- Financial Innovation Patents: The Future of the Futures Markets, or Old Wine in New Bottles
- Southern Methodist University Science and Technology Law Review
- Pharmaceutical Patent Settlements: Fault Lines at the Intersection of Intellectual Property and Antitrust Law Require a Return to the Rule of Reason
- University of Florida Journal of Technology Law & Policy
- Business Law Update for Accountants, Lyndhurst, NJ
- Scarinci & Hollenbeck, LLC
- Protecting Your Home from Medicaid, Lyndhurst, NJ
- Scarinci & Hollenbeck, LLC
- Website
- New Jersey Foreclosure Defense Attorneys
- Website
- Fazzio Law - Corporate, Real Estate & Commercial Litigation
- Blog
- Fazzio Law Blog
- New Jersey Appellate Division Rules Continued Use of an Arbitrator After Engaging in Settlement Discussions Need Not Be Memorialized in Writing
August 24, 2021 - New Jersey Permanently Authorizes Remote Notarizations
August 24, 2021 - New Jersey Enhanced Penalties for Employee Misclassification
August 24, 2021
- Blog
- Foreclosure Defense News & Updates
- Kennedy Dancers’ Tax Dispute to Continue into January
September 6, 2022 - How to Write an Effective Loan Modification Hardship Letter in 2022?
September 5, 2022 - How Long Are Foreclosures Taking in NJ in 2022?
August 29, 2022
5 Most Common Reasons for Loan Modification Denial - And How to Fix Them
Servicers and banks routinely deny loss mitigation to homeowners who qualify due to claims that: (1) the loss mitigation application is incomplete; (2) documents are illegible; (3) signatures are missing or faded; (4) the 4506-T was not included; or (5) bank statements need to be updated. If you are getting stuck in bank red tape you may need a helping hand to get your modification application reviewed so you can get your loan back into good standing. https://njforeclosuredefenseattorneys.com/
Answer the Foreclosure Complaint
Answering a Foreclosure Complaint buys you time. The foreclosure timeline is extended by 6-18 months simply by filing an Answer. This is time to modify or refinance your loan. Time to look at other financial options like a short pay or hard money loan. Time to list the property and do a short sale to preserver your equity if home retention is not an option. Time changes everything. https://njforeclosuredefenseattorneys.com/
Choosing the Right Foreclosure Defense Attorney in New Jersey
When choosing a Foreclosure Defense Lawyer, consider: Value - focused on your outcome, experienced in foreclosure (not just BK) Results - familiar with loan modifications, real estate sales, and re-financing Approach - loan modification experience or curating a short pay/sale is key Personality Fit - you need to speak the same language / you can talk to them Cost & Budget - Cost vs. Value - don’t be pennywise and pound foolish https://njforeclosuredefenseattorneys.com/
Foreclosure Litigation: Fighting Back to Save Your Home
Foreclosure Litigation starts with Answering the Foreclosure Complaint. Often you are not arguing the bank lacks the "right to foreclose" but rather that they have violated your rights and failed to consider alternatives to foreclosure. You have a right to loss mitigation review and should assert all your rights and every defense available to you to ensure that you keep your home. https://njforeclosuredefenseattorneys.com/
Foreclosure? Call the Bank's Bluff w/ a Short Sale
Short Sale: Call the Bank's Bluff w/ a Short Sale. A Short Sale is where you offer the bank that you will sell your home, but will pay them less than what you owe on the mortgage. For instance, if you owe $1,500,000 but can only pay the bank $800,000 because the property is only worth $1,000,000 and you have Closing Costs and other liens to pay first. https://njforeclosuredefenseattorneys.com/
Get a Loan Modification You Can Afford
Loan modifications are a type of loss mitigation. The modification reduces your monthly payment to an amount you can afford. The components of your mortgage payment are principal, interest, property tax & insurance, and the term. Loan modifications can work in a number of ways by reducing the interest rate, extending the term, and in some cases deferring principal or making a partial claim for principal reduction. https://njforeclosuredefenseattorneys.com/
How to Draft an Answer to a Foreclosure Complaint
Answering a Foreclosure Complaint buys you time. The foreclosure timeline is extended by 6-18 months simply by filing an Answer. This is time to modify or refinance your loan. Time to look at other financial options like a short pay or hard money loan. Time to list the property and do a short sale to preserver your equity if home retention is not an option. Time changes everything. https://njforeclosuredefenseattorneys.com/
New Jersey Foreclosure Timeline
In New Jersey a foreclosure case takes between 6-18 months from the time a Foreclosure Complaint is served. Many homeowners imagine losing their homes and a Sheriff's Auction taking place in weeks or months, but that is not the case. There is plenty of time to get reviewed for a modification, contest the foreclosure, demand discovery and payoffs from the bank, and explore options to save your home. https://njforeclosuredefenseattorneys.com/
Refinancing Out of Foreclosure
Proactive borrowers can ask their Lender or Servicer to take advantage of forbearance and deferral options to avoid default or negative credit remarks, so they can qualify for a traditional re-finance. Borrowers with positive equity in appreciating markets can sometimes attract a Hard Money Lender or get a Foreclosure Bailout Loan to stop the current Lender from defaulting them or initiating foreclosure and can thereby get out of hot water. https://njforeclosuredefenseattorneys.com/
Short Pay - Getting Your Note Stamped "Paid-in-Full" for Less Than You Owe
A short pay occurs when the market value of a property is not enough to cover the mortgage or loan secured against that same property. In essence, the bank or lending institution will be forced to accept a payment that is significantly lower than the total amount owed by the property owner. https://njforeclosuredefenseattorneys.com/
Stop Foreclosure - Be Part of the 6% Who Fight Back
Answering a Foreclosure Complaint buys you time. The foreclosure timeline is extended by 6-18 months simply by filing an Answer. This is time to modify or refinance your loan. Time to look at other financial options like a short pay or hard money loan. Time to list the property and do a short sale to preserver your equity if home retention is not an option. Time changes everything. https://njforeclosuredefenseattorneys.com/
What Foreclosure Is Like - And Why Your Home is Worth Fighting For
It feels like everything is lost. And you don’t know how you got here. Everything was going well. Then the economy went on the skids, the housing bubble started to burst, and suddenly, your house wasn’t worth what you paid for it. But, it was ok, things would rebound. You just need to ride it out. Work isn’t going well. You aren’t making your numbers. No one is buying. You start missing a few bills. Past due notices keep coming in. https://njforeclosuredefenseattorneys.com/
- Q. My house sold at for closure auction where can I get free help claiming the surplus funds?
- A: Once the Surplus Funds are deposited with the superior court, parties with an interest in those funds may claim them in a specified order. “Interests in, or liens or claims of liens against the property” at issue attach to the Surplus Funds “in the order of priority that it had attached to the property”. RCW 61.24.080(3). Where Surplus Funds remain after payment of all junior lien holders, the owner of record at the time of the trustee’s sale may assert a claim in such Surplus Funds. See also RCW 61.12.150 (providing for disbursement of Surplus Funds following a judicial foreclosure). A request for disbursement of Surplus Funds may be made at any time after the trustee’s sale, upon 20 days’ notice, by a written motion and a hearing in the superior court for the county in which the Surplus Funds were deposited. See RCW 61.24.080(3); RCW 61.12.150.
- Q. Delaying foreclsoure
- A: Tennessee law provides a right to reinstate and cure default before sale. You may be hitting a roadblock in that the bank is playing games by not recognizing the Power of Attorney, such that you may need to make a motion and bring the reinstatement before a judge. "Reinstating" is when a borrower pays the overdue amount, plus fees and costs, to bring the loan current and stop a foreclosure. Tennessee, however, doesn't have a law that gives a borrower the right to cure the default and reinstate before the sale, unless the loan is a high-cost home loan. (Tenn. Code Ann. § 45-20-104). But the loan contract might provide time for the borrower to complete a reinstatement.
