My loan is 90 days past due, what can we do?
When you behind on their mortgage payments it is almost impossible sometimes to get caught up. Once you get over 30 days behind the mortgage company demands the entire amount that the past due plus any late fees. They will not accept any partial payments which means you will have to come up with a very large amount of money to bring the loan current. This creates a huge problem for homeowners because if they don't have the one mortgage payment that caused them to get behind they are sure not to have two or three.
To make things even worse when you become 90 days past due the mortgage company will hire an attorney to proceed with the foreclosure. Most attorneys will charge $1500-$3000 in attorney fees that will be added on to delinquency in addition to your missed mortgage payments.
"Right now, the account is showing that we owe Feb 1 and Mar 1, plus late fees. We will be due for April 1 very soon. However, the bank has returned our Feb. 1st payment due to insufficient funds. This will put us 90 days over due. I can come up with some money, but now they want the whole amount! They haven't sent me legal foreclosure papers yet, but if I don’t' get them their past due soon (which I can't!) we'll lose our home....Please, HELP!"
The only way to bring a loan current is that get them to agree to take a small amount up front and arrange to pay back the rest of the delinquency. We can do this for you and allow you to keep your home.
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Comments
That's false advertising.
I am starting a Class-Action Lawsuit starting TODAY!! ANYONE interested in being added please send me an email and I will forward the information on how you can contact the Attorney whom has TAKEN THE CASE.
Damage Resulting
This has ruined my credit due to them not posting my payments as they should, and I have had to Stop-Payment on my last 2 house payments because they are still floating around somewhere. They say they have not been received. They want me to pay it over the phone, except now they want all past-due payments "That they have screwed up" plus another $1500 in attorney fees, plus another $1700 in more BS Charges.






