stopping forclosure

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stopping forclosure

how do i stop a forclosure when im only (2) payments behind and the lender wont except anymore payments

Asked on May 16, 2009 under Real Estate Law, California

Answers:

J.M.A., Member in Good Standing of the Connecticut Bar / FreeAdvice Contributing Attorney

Answered 14 years ago | Contributor

I would contact the loss mitigation department at the bank.  There are lots of modification programs out there that try to work with homowners to keep their houses.  It doesnt make any sense that the bank would refuse to accpet the payments.  There may be some details that you are leavng out that i am not aware of.  I think that the loss mitigation dept is the place to begin.  let them know you are behind and want to take advantage of obama's making homeownership affordable program.  The should be able to figure out  a plan to let you keep your house and get back on track in payments.


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