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Foreclosure
(redirected from Mortgage foreclosure)

   Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson 0.06 sec.
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Question

Country: United States of America
State: Florida

We have an upcoming date concerning foreclosure on our home during which they are going to set a sale date. We need to delay this first meeting by a week so we can get a payoff figure from the mortgage company. Is there any way to file paperwork or reasons that we can file a motion that will help buy us some time?

Answer

It is difficult to do unless the parties agree...you can say you are unavailable for some serious reason etc.


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Less Liquidity: Scenario 1: The greatest common denominators in home mortgage foreclosure are twofold: Loss of income or personal disability.
Zandi points to some key signs of stess: the personal bankruptcy rate, auto repossession rate on direct loans, mortgage foreclosure rate on conventional mortgages and net charge-off rate on credit cards are all at record highs; the mortgage delinquency rate for mobile homes is just off its record high.
She defaulted on the loan and the Apple Valley home later was sold after mortgage foreclosure, officials said.
 
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