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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Comments: : 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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