I live in NJ we had a Countrywide mortage in 2006 that was sold to BOA. In December of 2010 we had to file Chapter 7 bankruptcy due to the downturn of the economy. BOA was suppose to reaffirm our mortgage debt, but never did. Once we relized that our mortgage was discharged in our bankrupcy we stopped making payments. It has been 12 months since we have made a payment. We have not received a default notice, and have only recently been offered $3000 for a Deed in lieu Foreclosure. Does anyone know the timeline for us to receive a foreclosure notice? I have friends in NJ that have gone 2-3 years without making a mortgage payment and they have still not received a foreclosure notice. Also, once a foreclose notice has been received how long does it take to go through the court system? I have also heard that if the bank does not posess the proper paperwork for the property, that the NJ court system cannot foreclosure. Is this true?