Arizona Sample Letter to Foreclosure Attorney - Payment Dispute

• Category: Letters - Legal - Foreclosures
• State: Multi-State
• Control #: US-0511LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Foreclosure Attorney's Name] [Foreclosure Attorney's Firm] [Address] [City, State, ZIP] Subject: Payment Dispute Regarding Foreclosure Case [Case Number] Dear [Foreclosure Attorney's Name], I hope this letter finds you well. I am writing to address a serious concern regarding the payment arrangement in my foreclosure case, specifically relating to the ongoing dispute regarding the payment schedule and recent inconsistencies in payments made towards my mortgage. As a diligent homeowner facing foreclosure, I fully understand the gravity of the situation and the importance of maintaining a consistent payment plan to rectify my financial obligations. While I have made every effort to adhere to the terms agreed upon, circumstances beyond my control have led to unexpected financial setbacks over the past few months. I kindly request your immediate attention and intervention in resolving this payment dispute to avoid any adverse implications on my pending foreclosure case. It is crucial for me to understand the specifics of the payment plan and ensure it is in compliance with Arizona foreclosure laws. Given the complexity of the matter, I highly appreciate your guidance in clarifying the following concerns: 1. Verification of Outstanding Balance: I request a comprehensive breakdown of the outstanding balance, outlining the principal amount, interest, and any additional fees or charges imposed prior to or during the foreclosure process. 2. Clarification of Payment Allocation: I am uncertain how my previous payments have been allocated towards principal, interest, fees, or other associated expenses. I kindly request a clear delineation of the payment allocation for each transaction. 3. Review and Amendment of the Payment Plan: Considering my financial difficulties, I would like to revisit the current payment plan in order to propose an alternative arrangement that accounts for my current financial circumstances. I am open to negotiation and would appreciate your expertise in outlining realistic options for resolving the dispute. 4. Suspension of Foreclosure Proceedings: Given the ongoing payment dispute, I kindly request the temporary suspension of any pending or upcoming foreclosure proceedings until the matter is resolved. This will provide us with the opportunity to reach a fair resolution in accordance with Arizona state laws. Please be aware that I am committed to resolving this issue and will make every effort to demonstrate good faith by providing a fair and reasonable proposal for repayment. I am willing to explore alternative options such as loan modification, forbearance, or even mediation if it contributes to a mutually agreeable resolution. I kindly request your prompt attention to this matter to avoid any further escalation. As an experienced foreclosure attorney with knowledge of Arizona foreclosure law, your expertise is invaluable in ensuring a fair resolution for all parties involved. I appreciate your time and understanding in reviewing my concerns. Please consider this letter as a formal request for mediation to resolve this payment dispute. I would be grateful if you could acknowledge the receipt of this letter and provide me with further instructions on how to proceed. Thank you for your immediate attention to this matter. I eagerly anticipate your prompt response. Sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Foreclosure Attorney's Name] [Foreclosure Attorney's Firm] [Address] [City, State, ZIP] Subject: Payment Dispute Regarding Foreclosure Case [Case Number] Dear [Foreclosure Attorney's Name], I hope this letter finds you well. I am writing to address a serious concern regarding the payment arrangement in my foreclosure case, specifically relating to the ongoing dispute regarding the payment schedule and recent inconsistencies in payments made towards my mortgage. As a diligent homeowner facing foreclosure, I fully understand the gravity of the situation and the importance of maintaining a consistent payment plan to rectify my financial obligations. While I have made every effort to adhere to the terms agreed upon, circumstances beyond my control have led to unexpected financial setbacks over the past few months. I kindly request your immediate attention and intervention in resolving this payment dispute to avoid any adverse implications on my pending foreclosure case. It is crucial for me to understand the specifics of the payment plan and ensure it is in compliance with Arizona foreclosure laws. Given the complexity of the matter, I highly appreciate your guidance in clarifying the following concerns: 1. Verification of Outstanding Balance: I request a comprehensive breakdown of the outstanding balance, outlining the principal amount, interest, and any additional fees or charges imposed prior to or during the foreclosure process. 2. Clarification of Payment Allocation: I am uncertain how my previous payments have been allocated towards principal, interest, fees, or other associated expenses. I kindly request a clear delineation of the payment allocation for each transaction. 3. Review and Amendment of the Payment Plan: Considering my financial difficulties, I would like to revisit the current payment plan in order to propose an alternative arrangement that accounts for my current financial circumstances. I am open to negotiation and would appreciate your expertise in outlining realistic options for resolving the dispute. 4. Suspension of Foreclosure Proceedings: Given the ongoing payment dispute, I kindly request the temporary suspension of any pending or upcoming foreclosure proceedings until the matter is resolved. This will provide us with the opportunity to reach a fair resolution in accordance with Arizona state laws. Please be aware that I am committed to resolving this issue and will make every effort to demonstrate good faith by providing a fair and reasonable proposal for repayment. I am willing to explore alternative options such as loan modification, forbearance, or even mediation if it contributes to a mutually agreeable resolution. I kindly request your prompt attention to this matter to avoid any further escalation. As an experienced foreclosure attorney with knowledge of Arizona foreclosure law, your expertise is invaluable in ensuring a fair resolution for all parties involved. I appreciate your time and understanding in reviewing my concerns. Please consider this letter as a formal request for mediation to resolve this payment dispute. I would be grateful if you could acknowledge the receipt of this letter and provide me with further instructions on how to proceed. Thank you for your immediate attention to this matter. I eagerly anticipate your prompt response. Sincerely, [Your Name]