More details to this question:
My home is worth 165,000 I have 2 loans totaling 55,000 I am running 20 days late with my equity loan payment which is with a finance co. (Spring leaf)I do have late fees with them approx 1100.00 I cannot catch up. Can they persist to collect the late fees or foreclose on me? My mortgage co tells me that when my final payment is due with them all late fees have to be paid that day. Can you help?
1 ANSWER
Yes, as an attorney we can advise and refer you to companies that will bring you current with your mortgage plus late fees that have accumulated. The best way to proceed is to call or email to discuss your situation further and get help from third-party companies in bringing you current rather then end up in foreclosure. The lender can foreclose as soon as you default, all our consultations are free.
Answered on Nov 27th, 2012 at 5:48 PM