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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Time period for reinstating the delinquent loan. Posted by Ward-CA- on November 02, 2001 at 2:31 PM In Reply to: Notice of default posted by Mike on November 02, 2001 at 8:29 AM : We recived a notice of default in August, How much time do we have, and can we repay back payments plus fees? •«««««««««««•»»»»»»»»»»•«««««««««««•»»»»»»»»»»• Mike, in CA a foreclosure takes a minimum of three months and three weeks. By law, you can reinstate delinquent payments up to 5 business days prior to the scheduled trustee’s sale. You can even just reinstate the delinquent payments in the last 5 days, rather than paying the whole loan off, if the lender lets you. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : We recived a notice of default in August, How much time do we have, and can we repay back payments plus fees? : •«««««««««««•»»»»»»»»»»•«««««««««««•»»»»»»»»»»• : Mike, in CA a foreclosure takes a minimum of three months and three weeks. By law, you can reinstate delinquent payments up to 5 business days prior to the scheduled trustee’s sale. You can even just reinstate the delinquent payments in the last 5 days, rather than paying the whole loan off, if the lender lets you. 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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