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Received Notice of Intent to Foreclose. Delay as long as possible?

Hi all, located in FL, USA.

A month ago, I was behind 3 months of payment and received a “Notice of Intent to Foreclose” letter stating I need to pay by the beginning of August all 3 payments, or else they will start the foreclosure process.

Two weeks ago I made one payment and today I receive a letter saying I am now 2 months behind and can pay by the end of August, giving me almost another month to pay. I understand from this that if you catch up on payments, the foreclosure process gets pushed back as well by each month you pay.

So can I make late payments indefinitely pushing back on the acceleration to foreclose date? I know my credit will take a hit with the late payments but this is the only thing I can afford to do right now.

submitted by /u/pinpuku
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source https://www.reddit.com/r/RealEstate/comments/cjjtio/received_notice_of_intent_to_foreclose_delay_as/

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