After hurricanes Wilma and Katrina, our mortage company (ASC) offered to help by giving a three month reprieve on payments. They told us we didn't need to make a payment until February of this year.in february we again started making our normal payment.
Now they have sent us a letter stating our loan is in default as of March 1st. And we must pay the entire amount in arrears (/$7,000) immediately or they will begin foreclosure proceedings.
It's an outrage to expect we can pay this and a scam to have told us due to the hardship of the hurricane we could skip payments until february just to pounce on us.
Our property is suddenly in a precarious position.
Please help!
Have other people finding themselves in this position.
Victor
Miami Shores, Florida
U.S.A.
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