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Under state law, where a consumer's default consists of nonpayment, a creditor may not take possession of the collateral (e.g., motor vehicle) without first providing the consumer with one notice of right to cure per 12-month period.I don't see where it defines "creditor" as business or private. Heres the pH # to the AG, call and get a real legal opinion.Consumer Complaint Line - in Denver and Out of State - 303-866-5189

Consumer Complaint Line - Outside of Denver but in Colorado - 1-800-222-4444

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โˆ™ 2011-09-12 23:01:32
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Q: In Colorado does a private person have to follow the Notice to Cure Default repo timeline?
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What is a Notice of Rescission of Declaration of Default and Demand for Sale and Notice of Default?

A Notice of Rescission of Declaration of Default is a mortgage loan that was once in default, and a notice of default would mean that the loans are still currently foreclosed in a way.


What does default notice not entered mean?

What is next after notice of default is entered


What is NOD in a foreclosure notice?

NOD stands for "Notice of Default".


How long does a default notice last?

depends on what it is


Notice of Rescission of Declaration of Default and Demand For Sale and of Notice of Default What does the above notice which was recorded by the county clerk on 5 20 2009 mean to me the home owner?

A written document that cancels or annuls the effect of a notice of default when a default has been cured (reinstated). This document does not require the acknowledgment of a notary public, but must be recorded with the county recorder in the county in which the property is located.


What is next after notice of default is entered?

A foreclosure sale is set unless the default is vacated, by the filing of a pleading for instance.


What are some good ways to avoid foreclosure?

The best way to avoid foreclosure is to prevent the filing of a Notice of Default. Lenders do not want to foreclose but will file a Notice of Default to protect their interests, if necessary.


What would be the implications of receiving a default notice on your credit card?

There are many implications of receiving a default notice on your credit card. These may include having to go to court or possibly even declaring bankruptcy.


Who records a notice of rescission of declaration of default?

Generally, the party who recorded the lien. Specifically, California Civil Code 1367.1 (d) states that when a notice of default is filed in connection with a default in homeowners' dues in a condominium project, the association must record it or cause it to be recorded within 21 days of the payment (and provide the homeowner a copy of the recorded notice).


Which steps are included in the foreclosure process?

The first step is a Notice of Default, followed by the Notice of Acceleration. The third step is the Notice of Sale and the fourth step is a Public Auction.


Does a landlord have the right to collect rent on a home with a notice of default?

As long as the landlord is in legal possession/ownership of the property and as long as you are residing on/in his property, yes. His notice of default has no legal effect of putting a "stay" on your payment of rent.


Does lender have to send notice of default or intention to repossessed before taking the merchandise?

Legally NO!


Can you car be repossessed in Massachusetts without notice of default?

yess (don't know ) guess


What is notice of intent to seek entry of default and judgment by default in Arizona?

It's an entry to the "Default" process, by which a person has failed to appear or defend the judgement of the lawsuit. Therefore the lawsuit elevates to the next level of the judgement.


How can you see if your home is in foreclosure?

A notice of default will be filed with the county. Prior to that you would have to call the lender and check. It may take some time for the notice to get filed.


How would you go about registering your property and buildings as private property?

In the United States there is no need to register your property as private property. As soon as your deed has been recorded notice of your ownership of your land is announced to the world as your private property.In the United States there is no need to register your property as private property. As soon as your deed has been recorded notice of your ownership of your land is announced to the world as your private property.In the United States there is no need to register your property as private property. As soon as your deed has been recorded notice of your ownership of your land is announced to the world as your private property.In the United States there is no need to register your property as private property. As soon as your deed has been recorded notice of your ownership of your land is announced to the world as your private property.


What does a substitution of trustee do in a foreclosure?

FIRST MY LANDLORD RECEIVED A NOTICE OF DEFAULT AND NOW SHE HAS A SUBSTITUTION OF TRUSTEE WHAT DOES THAT MEAN?


What can I do to stop home foreclosure?

I think the best way to avoid foreclosure is to prevent the filing of a Notice of Default. Lenders do not want to foreclose but will file a Notice of Default to protect their interests, if necessary. If you know you are unlikely to meet your mortgage obligation, the first thing you should do is call your lender.


Colorado statute of limitations on traffic violation?

In Colorado there is no statute of limitations once a ticket has been issued. You have been given proper notice of the violation.


What is first preforeclosure or foreclosure?

Pre-Foreclosure is a term the banks use internally to track the property's status. Essentially, what it means is that the home has already gone into default and a Notice of Default has been recorded. Pre-foreclosure is the time between the NOD filing and the Filing of the Notice of Trustee Sale.


What are the step taken in a foreclosure process?

There are multiple steps that a lender must complete in order to initiate foreclosure. These steps include providing the homeowner a notice of default, a notice of acceleration, a notice of sale and finally inclusion in a public auction.


What does it mean when my divorce status says red- request for default filed?

A Request for Entry of Default is filed by the plaintiff when the defendant did not show up for the hearing and the plaintiff wants the court to enter an Entry of Default. The Entry of Default must be filed before a Default Judgment can be issued whereby the plaintiff will prevail in the lawsuit.If your case is not ready for a default hearing, you will receive a red notice with instructions on what to do next in your case to get a default hearing set, or if you cannot go by default. You should contact the court if you have questions.


You received a notice of default followed up by a three day notice when can you expect the sheriff to lock you out?

After they take you to court and the judge orders it. Yhats when... After you go to court and the judge orders it. That's when...


In Colorado is notice to the debtor required before a Writ for Continuing Garnishment is actually sent to the employer?

No.


Is there any way to see if someone's mortgage is current?

No. You have no right of access to their financial records. You must wait until a notice to foreclose has been recorded in the land records. By that time the default may have been building for months.No. You have no right of access to their financial records. You must wait until a notice to foreclose has been recorded in the land records. By that time the default may have been building for months.No. You have no right of access to their financial records. You must wait until a notice to foreclose has been recorded in the land records. By that time the default may have been building for months.No. You have no right of access to their financial records. You must wait until a notice to foreclose has been recorded in the land records. By that time the default may have been building for months.