Legal Question in Business Law in Alabama
Foreclosure/house
How many days before a mortgage company foreclosing on your house? and if you had a direct draft from your saving account for a mortgage payment, how many days do you have to pay the check?
Asked on 3/28/07, 2:06 pm
1 Answer from Attorneys
Chip Browder
Hubbard, Smith, McIlwain, Brakefield & Browder, PC
Re: Foreclosure/house
I am not clear on your Qs. Is your mortgage being paid by automatic drafts against a savings account?? if so, was the account insufficient to cover a draft and that resulted in your default??
You should immediately contact a local debtors attorney as you most likely are under a very very short deadline to correct this or otherwise take steps to protect your rights under the mortgage agreement.
good luck Chip
Answered on 4/02/07, 10:19 am
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