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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Safeguarding the reinstatement of a delinquent loan. Posted by JeffS-CA on May 10, 2003 at 3:47 PM In Reply to: Re: Safeguarding the reinstatement of a delinquent loan. posted by Jorge on May 08, 2003 at 10:24 AM : Jeff: : I really like your aproach of managing risks adequately. : The only way, at this time, to make sure they will take : reinstatement is to have the sale postponed Via bare-bone : bk-13. ( have you talked to seller about it? ). : A postpopment will revive and move up the reinstatement : pediod until 5 day before the new sale date. : See ward's answer posted 05-03-03 ---------------------------------------------------------- Thanks Jorge, this makes sense, and confirms what I was thinking. Hopefully, the lender can be convinced to reinstate the loan and cancel the sale, rather than make the owner/investor jump through the bankruptcy hoop. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Jeff: : : I really like your aproach of managing risks adequately. : : The only way, at this time, to make sure they will take : : reinstatement is to have the sale postponed Via bare-bone : : bk-13. ( have you talked to seller about it? ). : : A postpopment will revive and move up the reinstatement : : pediod until 5 day before the new sale date. : : See ward's answer posted 05-03-03 : ---------------------------------------------------------- : Thanks Jorge, this makes sense, and confirms what I was thinking. Hopefully, the lender can be convinced to reinstate the loan and cancel the sale, rather than make the owner/investor jump through the bankruptcy hoop. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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