Legal Question in Real Estate Law in California
how do I file a notice of default
i hold a Deed of Trust and Promissory Note and the borrower has not made any payments on this note dated January 3, 2007. I have sent him late notices demand for payments and now i need to file a notice of default PLEASE HELP
5 Answers from Attorneys
Re: how do I file a notice of default
This is not something you want to try to do on your own. Our CA member firm can assist you. NanceGroup.com
Re: how do I file a notice of default
Our firm can assist you in doing a Notice of Default and Election to Sell and can act as a trustee. Please contact us if you need assistance.
Re: how do I file a notice of default
Hire a professional foreclosure service. These people are experienced in doing this. Hiring an attorney on a contingency fee would probably be much more expensive than the foreclosure service.
Re: how do I file a notice of default
If your note provides that the prevailing party in any dispute is entitled to collect attorney's fees, you can probably get an attorney to handle it for you on a contingency basis. If you want to fax me the note, I'll take a look at it for free.
Regards,
Ben
Re: how do I file a notice of default
You hire a trustee to do it. Trustee's fees are set by statute and they are paid by the debtor.
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