How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
A new question is answered every 9 seconds
Ask a Legal question
Type Your Legal Question Here...
characters left:
5 Lawyers are Online Now

Questions about Notice of Default

Notice of Default is a notification sent to a vendee stating non-payment of the debt within the deadline. A Notice of Default letter may also result under circumstances when the borrower fails to pay the mortgage before a predetermined timeline, mentioning the lender might seize the home. People affected by foreclosure may also in some cases, receive a copy of the notification.

Below are some of the top questions answered by Experts on Notice of Default.

What is a 'Cancel Notice Default' on foreclosure property?

Cancel Notice Default, is basically a notice that an active default is no longer active. Notice of Default is cancelled by the Cancel Notice Default, which means that the loan is no longer in default and is reinstated.

Is it a proper procedure if an institution filed a notice of default with the county recorder with an invalid promissory note and without record of assignment deed of trust with the county?

Under the law of California, foreclosure action can be initiated by beneficiaries without proving their ownership or assignee of the promissory note. In due course if the borrower believes that the beneficiary is the “holder” of the promissory note, he/she can enjoin the sale in borrower’s favor.

My office condo has received a Notice of Default and the foreclosure date is end of the month. I received a letter from Legally Yours, LLC telling that my rate can be lowered by suing the lender. They are asking for $3500 upfront fee and $750 monthly thereafter until the case is settled. How do I know if this is legitimate?

It is likely that the firm Legally Yours, LLC located at 21308 Pathfinder Rod, Ste. 219 Diamond Bar, CA 91765 is a legitimate law firm. The retainer fee asked by the company is quite reasonable.

I have prepared and filed the Notice of Default and Notice for Opportunity to Cure as well as the Notice of Substitute Trustee Sale at the courthouse. Is it possible that my daughter act on my behalf or does it have to be an attorney?

It is highly unlikely that your children can act on your behalf; it has to be either you or an attorney in Court. Any person not holding bar license cannot act unless your children hold adult guardianship over you. Many times in situations where lawyers are not present to act on the behalf of the plaintiff, the outcome is not always the same as when a lawyer is present.

According to Illinois law, how many days does a homeowner have, to satisfy the default when a Notice of Default is received?

Filing of Notice of Default with the court in the state of Illinois happens when the homeowner is no less than two months behind. After which the homeowner holds the right for relieving the default before ninety days.

The procedure for foreclosure in Illinois is of two types: Consent Foreclosure and Judicial Foreclosure. Both are used for specific purposes.

Many times when a person receives a notice of default, or when someone wants to file a notice of default to collect on a debt owed, there may be legal questions that need to be answered. The answers often need to come from someone that is experienced in the subject at hand. Legal Experts can help answer questions pertaining to notice of default.
Ask a Legal question
Type Your Legal Question Here...
characters left:
5 Lawyers are Online Now

How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
< Last | Next >
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
  • I couldn't be more satisfied! This is the site I will always come to when I need a second opinion. Justin Kernersville, NC
  • Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around. Esther Woodstock, NY
  • Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know. Robin Elkton, Maryland
  • He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here. Diane Dallas, TX
 
 
 

Meet The Experts:

 
 
 
  • Ron

    ASE Certified Technician

    Satisfied Customers:

    21119
    23 years with Ford specializing in drivability and electrical and AC. Ford certs and ASE Certs
< Last | Next >
  • http://ww2.justanswer.com/uploads/FO/fordguy4u/2011-12-17_222940_HPIM1257.64x64.JPG Ron's Avatar

    Ron

    ASE Certified Technician

    Satisfied Customers:

    21119
    23 years with Ford specializing in drivability and electrical and AC. Ford certs and ASE Certs
  • http://ww2.justanswer.com/uploads/lyeung1/2010-07-25_032152_tn_IMG_0241.JPG Dr. Y.'s Avatar

    Dr. Y.

    Urologist

    Satisfied Customers:

    18367
    I am fellowship trained specializing in general urology and reconstructive urology.
  • http://ww2.justanswer.com/uploads/docjohn174/2008-12-13_170143_johnask.jpg John's Avatar

    John

    Home Appliance Technician

    Satisfied Customers:

    13453
    Appliance repair business owner for over 43 years.
  • http://ww2.justanswer.com/uploads/MU/multistatelaw/2011-11-27_173951_Tinaglamourshotworkglow102011.64x64.jpg Tina's Avatar

    Tina

    Lawyer

    Satisfied Customers:

    8472
    JD, BBA Over 25 years legal and business experience.
  • http://ww2.justanswer.com/uploads/dermdoc19/2010-09-30_160749_Photo_122807_015.JPG dermdoc19's Avatar

    dermdoc19

    Dermatologist

    Satisfied Customers:

    3827
    30 years practice in general and cosmetic dermatology
  • http://ww2.justanswer.com/uploads/BI/birddoctor/2012-6-22_173214_birddoctor.64x64.png Dr. Pat's Avatar

    Dr. Pat

    Bird Veterinarian

    Satisfied Customers:

    3383
    25+ years working primarily or exclusively with birds
  • http://ww2.justanswer.com/uploads/RY/rydergar/2012-6-6_192240_IMG0328.64x64.JPG Dr. Gary's Avatar

    Dr. Gary

    Cat Veterinarian

    Satisfied Customers:

    3291
    DVM, Emergency Veterinarian, BS (Physiology)