A California Request for Notice of Delinquency (also known as a Notice of Default) is a legal document that is sent by a lender to a borrower when the borrower has not made timely payments on a loan. The notice informs the borrower that they are in default of the loan and provides them with an opportunity to cure the delinquency before the lender initiates foreclosure proceedings. The notice also provides the borrower with the right to reinstate the loan and the option to redeem the loan if foreclosure proceedings are initiated. There are two types of California Request for Notice of Delinquency: the Notice of Default and the Notice of Sale. The Notice of Default informs the borrower that they are in default and must take action to cure the delinquency within 90 days or face foreclosure. The Notice of Sale is sent when the borrower has failed to take action within the 90-day period and informs the borrower that a foreclosure sale will take place within 21 days.
Notice Of Delinquency
Description
How to fill out California Request For Notice Of Delinquency?
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