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help any info would be nice!

Posted by dina on June 03, 2001 at 12:35 AM

: : We live in Florida and bought a house owner finance in April of 2000. Some things have changed finacially and we have been late quite a few times with our mortgage.I talked with the morgage holder last week because we were behind for the May 2001 payment and it was paid on the first of June so I am only behind by 3 days for the June payment. I recieved a letter from an attorney on June 2nd saying that they were hired to institute foreclosure proceedings against us. Can they do that for 3 days? What should we do..should we pay the June payment and all this will stop or should we save that money to get a new place. We have 6 children and its hard to make ends meet sometimes. I thought the mortgage holder was being understanding until I got this letter.What is the law on when they can forclose on us...and if they foreclose how long do we have before my family and I need to find a new place to live?..any kind of imput good or bad would be nice..We are losing sleep over this and dont know what to do.
: : Thank you




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