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how can you help my mom from getting forclosed on?

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Icon Mini Profile sweetheart1169





Joined: 04 Jun 2009

Posts: 1

1.00 Dollars($)
Post Posted: Thu Jun 04, 2009 1:28 pm    Post subject: how can you help my mom from getting forclosed on?
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she has a trailer contract for deed and they sent her a letter saying that she is a month behind and that they're going to forclose on her in 5 days.
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10045
Location: Alaska
921.83 Dollars($)
Post Posted: Thu Jun 04, 2009 7:28 pm    Post subject:
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Hi sweetheart!

Welcome to forums!

Generally lenders foreclose the property after the borrowers are 3 months behind on their payments. As your mother is only a month behind on her payments, I would suggest her to contact the lender and check out if they can modify the loan. This will help her in saving her property.

Feel free to ask if you have further queries.

Sussane
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