Nebraska Sample Letter to Foreclosure Attorney - General Demand to Stop Foreclosure and Reasons

• Category: Letters - Legal - Foreclosures
• State: Multi-State
• Control #: US-0513LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. Subject: Urgent — General Demand to Halt Foreclosure Proceedings in Nebraska [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Foreclosure Attorney's Name] [Attorney's Firm Name] [Address] [City, State, ZIP Code] Dear [Foreclosure Attorney's Name], I hope this letter finds you well. I am writing to express my deep concern regarding the ongoing foreclosure proceedings on my property located at [property address] in [city], Nebraska, as initiated by [Lender's Name]. As I understand, foreclosure actions have serious implications and signify the potential loss of a home that is greatly distressing to any homeowner. Therefore, I kindly request your immediate attention to this matter and request an immediate halt to the foreclosure process. The purpose of this letter is to present compelling reasons which, I believe, demonstrate that stopping foreclosure is both justified and in the best interest of all parties involved. 1. Financial Hardship: Due to unforeseen circumstances, such as [briefly explain financial hardship, e.g., loss of employment, medical expenses, divorce], I have encountered severe financial hardships that have led to a temporary inability to meet my mortgage obligations. However, I firmly believe that I can overcome these difficulties with an intervention that prevents foreclosure and allows me an opportunity to explore alternative solutions. 2. Willingness to Resolve: I am motivated to resolve the current mortgage default and reinstate the mortgage loan by working diligent with my Lender. I have taken proactive steps to seek financial counseling and explore various options, including loan modification, refinancing, or debt restructuring. Demonstrating this commitment, I have attached a detailed financial statement outlining my current monthly income, expenses, and assets, which I believe will aid in considering my case. 3. Home's Value and Asset Preservation: The assessed market value of my property has not been accurately reflected in the current foreclosure process. I request a thorough reassessment to present an accurate representation of the property's value. By halting foreclosure, a proper assessment could be conducted, providing the opportunity to validate that the current value stands in favor of loan reinstatement or alternative negotiations. 4. Absence of Attempted Mediation: I have not been provided an opportunity to participate in foreclosure mediation, as required by Nebraska law. Given the potential benefits of mediating this issue, I hereby formally demand that mediation be arranged as soon as possible to allow for open communication, negotiation, and a fair resolution. 5. Compliance with Legal Requirements: I kindly request that all foreclosure proceedings are conducted in strict compliance with Nebraska state laws, including offering proper notice periods, conducting appropriate hearings (if necessary), and ensuring no violations of my rights as a homeowner. In light of the aforementioned reasons, I urge you to pause all foreclosure activities immediately and consider my situation with empathy and fairness. I am open to communication and remain committed to finding a resolution that satisfies all parties involved. I would appreciate a written response acknowledging the receipt of this letter within [state a reasonable timeframe, e.g., ten business days], detailing the steps that will be taken to address my concerns and confirming that no further foreclosure action will be pursued until a determination is reached. Thank you for your prompt attention to this matter. Please address any correspondence related to this issue to the above address or via email at [your email address]. I eagerly await your response. Sincerely, [Your Name]

Subject: Urgent — General Demand to Halt Foreclosure Proceedings in Nebraska [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Foreclosure Attorney's Name] [Attorney's Firm Name] [Address] [City, State, ZIP Code] Dear [Foreclosure Attorney's Name], I hope this letter finds you well. I am writing to express my deep concern regarding the ongoing foreclosure proceedings on my property located at [property address] in [city], Nebraska, as initiated by [Lender's Name]. As I understand, foreclosure actions have serious implications and signify the potential loss of a home that is greatly distressing to any homeowner. Therefore, I kindly request your immediate attention to this matter and request an immediate halt to the foreclosure process. The purpose of this letter is to present compelling reasons which, I believe, demonstrate that stopping foreclosure is both justified and in the best interest of all parties involved. 1. Financial Hardship: Due to unforeseen circumstances, such as [briefly explain financial hardship, e.g., loss of employment, medical expenses, divorce], I have encountered severe financial hardships that have led to a temporary inability to meet my mortgage obligations. However, I firmly believe that I can overcome these difficulties with an intervention that prevents foreclosure and allows me an opportunity to explore alternative solutions. 2. Willingness to Resolve: I am motivated to resolve the current mortgage default and reinstate the mortgage loan by working diligent with my Lender. I have taken proactive steps to seek financial counseling and explore various options, including loan modification, refinancing, or debt restructuring. Demonstrating this commitment, I have attached a detailed financial statement outlining my current monthly income, expenses, and assets, which I believe will aid in considering my case. 3. Home's Value and Asset Preservation: The assessed market value of my property has not been accurately reflected in the current foreclosure process. I request a thorough reassessment to present an accurate representation of the property's value. By halting foreclosure, a proper assessment could be conducted, providing the opportunity to validate that the current value stands in favor of loan reinstatement or alternative negotiations. 4. Absence of Attempted Mediation: I have not been provided an opportunity to participate in foreclosure mediation, as required by Nebraska law. Given the potential benefits of mediating this issue, I hereby formally demand that mediation be arranged as soon as possible to allow for open communication, negotiation, and a fair resolution. 5. Compliance with Legal Requirements: I kindly request that all foreclosure proceedings are conducted in strict compliance with Nebraska state laws, including offering proper notice periods, conducting appropriate hearings (if necessary), and ensuring no violations of my rights as a homeowner. In light of the aforementioned reasons, I urge you to pause all foreclosure activities immediately and consider my situation with empathy and fairness. I am open to communication and remain committed to finding a resolution that satisfies all parties involved. I would appreciate a written response acknowledging the receipt of this letter within [state a reasonable timeframe, e.g., ten business days], detailing the steps that will be taken to address my concerns and confirming that no further foreclosure action will be pursued until a determination is reached. Thank you for your prompt attention to this matter. Please address any correspondence related to this issue to the above address or via email at [your email address]. I eagerly await your response. Sincerely, [Your Name]