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Foreclosure Letter Pdf: What You Should Know

We are the lender of record for (the loan”). Our address is: (the loan”). We are aware of your delinquency on the loan. We have been notified by the IRS of your income as of the 31st Day of November 2017. In order to protect the rights and interests of our customers, and because of the importance of this matter, we are required to file an Acceleration Warning Notice (the “Notice”) with the CRA, in order to accelerate your monthly payment, if your delinquencies continue beyond 45 Days after the date you receive this Notice. In the event that you fail to pay the loan on the Acceleration Warning Date, we are entitled to sell the residence listed on our records for 1,001,000 with no Lien if you default or if you choose to pay after 45 Days and without a delinquency. The Acceleration Warning Date for this account and all other accounts under this First Last's name are (the loan”). You are hereby given until (the loan”) to pay the loan, or to enter a payment plan with us and if the Lien is not satisfied within fifteen Business Days after the day you receive the Notice, no less, and you will be liable for our Costs for Acceleration of the loan. If you comply with this notice and pay the loan on the Acceleration Warning Date or a payment plan for the loan, your delinquencies that began before this notice, but which commenced after this notice (we have been notified by the IRS that you have already collected the delinquent payments), may only be made good after one year from the date the Notice of Intent to Foreclose is posted. If you fail to comply with this notice and pay the loan after it goes into default for any reason, we will charge to the credit card provided during the application for this loan a 50.00 penalty to cover our Expenses for Foreclosing the loan. Our Services for You Under the Bankruptcy Code The following are our services for you under the Bankruptcy Code § 103. We will file this Notice on behalf of the lender, which is the owner of the property. The Notice (if you comply with it) sets forth the basis for the lender's right to foreclose. The Notice states that the mortgage is not in Default in whole and in part, and does not require you to make any payments and only sets forth the rights of the lender.

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