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Re: foreclosure and the law texas

Posted by Ward-CA- on June 13, 2001 at 8:42 PM

In Reply to: forcloseure and the law texas posted by jeffrey schlueter on June 13, 2001 at 5:51 PM

: a friend of mine, home is in default the mortgage company changed in december the new company didnt send any info untill febuary when thay sent in the payments 2 of them the mortgage company sent them back saying that the amounts were not the total amount owed.the next letted thay got told them that theloan was in default and thay were going to forcloce.my friend called the mortgage company in march thay said that there papper work had been sent to an attorney and that thay would have to talk to them.at the first of june thay got a letter from the attorney saying that the loan had been accelerated and if thay payed the past payments plus attorney fees that the loan would go back in affect.but every time thay call the attorney he says that he doesnt have that figure yet? the sale is set for july 3. what can my friends do to get that amount or stop forclosure so there is resonable time to get it paid. and how much will attorney fees be? thay only owe 3400.00 and thay have that.

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Jeffrey, if your friends can't afford a lawyer then have them call the local Legal Clinic and ask one of those lawyers to intercede on their behalf to get a precise reinstatement amount of what's owed.

Then your friends should take that money in a cashier's check to the foreclosing attorney's office and cure the indebtedness and get a receipt for it.

Good luck to you and your friends. They must be happy to have someone like you watching out for their welfare.


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