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Company Loan Type APR Est. Pmt.

30 days late

Posted on: 27th Oct, 2011 03:33 am
i received a default notice for aug sept and oce ive made 2 of them by the deadline the oce will be on nov 18 can they paoceed with the forclosure
Hello tina,

Don't hold me to this, but I don't think they can just take it back for being thirty days late. I think they would have to foreclose on your house first. Or get a judgment lien against your house first.

:idea:
Posted on: 27th Oct, 2011 06:58 pm
Hi tina,

If you default on your mortgage payments for more than 3 months, then the lender has the rights to foreclose the property. However, it will be his discretion whether or not he will foreclose the property or place a judgment lien on the property.
Posted on: 30th Oct, 2011 07:48 pm
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