Posted on: 01st Feb, 2011 03:28 am
My home is up for sale the second week of feb. The trustee said if I pay 35% of what I owe, they will stop the sale and put me on a repayment plan which I can do now. Is this true? I have the money to pay the 35%, I just don't trust anyone and I'm terrified of losing my home. Have you heard of this? I'm in California. Thanks
Hi Guest,
It will depend upon the trustee and the lender as to whether or not he will give you this option. As you can pay the amount right now, you should contact the trustee and let him/her know about it. You should get a written contract from the lender regarding the same.
Take care.
It will depend upon the trustee and the lender as to whether or not he will give you this option. As you can pay the amount right now, you should contact the trustee and let him/her know about it. You should get a written contract from the lender regarding the same.
Take care.