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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: pay attention to details Posted by NJDave on November 19, 2001 at 3:49 PM In Reply to: paying reinstatement amount - Can mtge co. still foreclose? posted by Debbie Milne on November 17, 2001 at 10:46 PM If the reinstatement agreement states that they must receive payment on or before a specific date and time, and your payment is a day or even an hour late, you might be in default of the reinstatement agreement. And yes, if you default, they can keep your money (usually stated in the agreement) apply it to late charges or fees, and continue with the foreclosure. If this happens, make certain that any payments made pursuant to a failed reinstatement plan are accurately identified and reflected in the foreclosure documents... Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : If the reinstatement agreement states that they must receive : payment on or before a specific date and time, and your : payment is a day or even an hour late, you might be in : default of the reinstatement agreement. And yes, if you : default, they can keep your money (usually stated in the : agreement) apply it to late charges or fees, and continue with : the foreclosure. If this happens, make certain that any payments : made pursuant to a failed reinstatement plan are accurately : identified and reflected in the foreclosure documents... 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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