Legal Question in Credit and Debt Law in Oklahoma

foreclosure question

I am told that a person cannot have their home foreclosed on unless they have had several (5) instances where they were more than 30 days late in making a mortgage payment. I am getting ready to be late for the first time. Can the credit union foreclose on me if I make the payment past 30 days?


Asked on 9/19/03, 11:26 am

1 Answer from Attorneys
Chad Moody

Re: foreclosure question

I cannot answer this question without reviewing your mortgage contract. My guess is that they could but very likely will not, but you could stop them by filing bankruptcy

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Answered on 9/19/03, 12:14 pm


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