pre-foreclosure question


Posted by Stephanie Sturgill on February 28, 2008 at 08:21:00:

Hi, I am terrified and confused, maybe someone can help me. I am currently behind on my payments, my third payment was due on february 15. I got a letter stating that if they did not receive the 3 payments in full by March 5 they would start the foreclosure procedure. I was under the impression that even if the foreclosure procedure had started I could get my payments up to date including any legal fees involved. I was reading some information on the internet and I read that in Florida there is no redemption clause, does that mean that after March 5 I might as well forget about my home and the possibility of making any payment after that date? I hope someone can help me.


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