What is the foreclosure process in New York?
In January 2009 I advised my bank I was behind in payment (I missed Dec 2008) and that I am getting a hardship loan from my job which will be provided in April. But I needed a letter from them stating default in order to get the loan. In Feb. I received the letter - it stated I was late Nov-January - I advised the bank November payment was made and that their letter was not correct. I also sent a copy of the letter from my office approving my loan. The bank would not work with me. As I am now 82 days past due the bank has advised foreclosure will start. Obviously, we do not want that to occur. I plan on paying December and January tomorrow. When the bank sent me the letter they only gave the phone number and name of the law firm who would do the foreclosure. Should I call them up and advise I have paid Dec/Jan and how to stop the foreclosure process? I do not want to loose the house. Thank you very much for your time. As of yet I have not received anything from the attorney.
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