Receiving a foreclosure notice in New Jersey can be terrifying, but understanding what comes next gives you the power to take action. After the notice (called a Notice of Intent to Foreclose), your lender must wait 30 days before filing a formal complaint. Once filed, you have 35 days to respond. The entire judicial process can take months, giving you time to explore your options. Many homeowners use this time to sell their property to a cash buyer, which allows them to pay off their mortgage and avoid the credit damage of a completed foreclosure.