foreclosure-notice

What is a Foreclosure Notice?

A foreclosure notice is any one of several documents that are filed, presented or posted during the foreclosure process. Once you have missed a couple of mortgage payments, your mortgage company will send letters stating that foreclosure is imminent. But ...

Florida House

What do I do when I receive an Acceleration Notice?

Once a loan has accelerated, you can no longer “cure” the mortgage by just paying the past due amount. Instead, the lender can demand the entire balance of the loan due or repossess the vehicle. Your state law determines whether ...

Florida Home

What does an Acceleration Notice mean?

An Acceleration Notice or Notice of Acceleration means that a Lender (i.e. a Bank) has put the Borrower on notice to pay the entire loan amount within a certain timeframe, usually at least 30 days. This letter is just basically to ...