Legal Question in Real Estate Law in California
foreclosure, loan modification, bankruptcy
June was the 3rd and last month in
our forbearance period before our 1st
mortgage loan mod is reviewed to go
permanant. Meanwhile, the 2nd
charged off and refused to modify,
forcing us to work towards ch. 7. We
paid our June 1st mortgage ($3180),
only intending to buy us more time
before declaring ch. 7 since the
notice of default sale date was June
24th. WAMU hasn't cashed June
mortgage yet... Given new
foreclosure moratorium today,6/15,
should I stop payment on my
mortgage check, or could WAMU still
'kick me out' by the June 24th sale
date with the moratorium in place
because they were trying to modify
our loan? How does this new
legislation work?
1 Answer from Attorneys
Re: foreclosure, loan modification, bankruptcy
What's wrong with you? You're here asking and re-asking your question, and you're still holding back on essential facts like what's so all-fired important about June 15th, when you should be calling lawyers. Your fingers should ache by now from calling lawyers.
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