REINSTATEMENT
The Reinstatement amount is the total amount that is past due amount including late fees and Attorney costs. This amount will get your Mortgage caught up immediately. Due to your financial difficulties in the past, you may be facing a sizable amount of past-due fees, including back payments, late fees and legal expenses. If you are able to come up with a lump-sum amount of cash to bring your payments current by a specific date, you may be eligible for a Reinstatement.
Consider what funds are at your disposal. Many debtors have retirement funds such as 401ks, IRAs, credit cards or insurance policies that can provide the much-needed funds to stay secure in their home. Others will seek private loans from family or friends or co-workers.
A Reinstatement will offer you the quickest method for resolving your mortgage foreclosure. With your foreclosure resolved you can enjoy the security of your home.
Contact a Miami Foreclosure Defense Lawyer at Dominguez & Associates, P.A.
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