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Foreclosure Forum |
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In some states...In Reply to: NOD posted by Damien Melle on August 02, 2003 at 10:45 AM the foreclosing party is required to restart the whole process, which includes the NOD filing if a forbearance agreement is entered into. As it relates to CA specifically, a bene is allowed 3 postponements of a sale by law. If more postponements are needed, then republishing a NOS only is required. Of course, the number of postponements can be altered if the sale is stayed by bankruptcy, a court order, or is mutually agreed to by the trustor and the bene. Other states have similar mandates as it relates to refiling a NOS if postponements are utilized.
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