Foreclosures Discussion Archive 1

The problem is...


Posted by Reinstatement Services, Inc. on April 26, 2002 at 22:30:44:



In Reply to: Re: A Workout First posted by Marie on April 26, 2002 at 20:50:26:



motions and hearings to determine the outcome of a motion takes time. Which you do not have much of.

All of this and there is still no guarantee [unless you're filing bankruptcy] that the court will postpone the foreclosure action or even rule in your favor...meanwhile, you've lost valuable time.

The most efficient action will come by way of a workout with your lender prior to the foreclosure action.

Which, based on the information already provided, is certainly doable. Even now.





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