New Mexico Letter to Foreclosure Attorney to Provide Verification of Debt and Cease Foreclosure

• Category: Real Estate - Foreclosures
• State: Multi-State
• Control #: US-02505
• Format: Word; Rich Text

Description

In this form, the petitioner disputes the validity of a debt and demands that there be verification of the debt. Petitioner also demands that all foreclosure action be ceased unless and until his/her request is granted. Subject: Request for Verification of Debt and Cease Foreclosure — Urgent Matter in New Mexico [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Foreclosure Attorney's Name] [Foreclosure Attorney's Firm] [Address] [City, State, ZIP Code] Re: Request for Verification of Debt and Cease Foreclosure — Case #[Case Number] Dear [Foreclosure Attorney's Name], I hope this letter finds you well. I am writing to address a matter of utmost urgency pertaining to the foreclosure proceedings undertaken against my property in [County/ City], New Mexico. I recently received a foreclosure notice from your office regarding the aforementioned case, and I kindly request your assistance in providing verification of the debt as well as immediately ceasing the foreclosure process. As a responsible homeowner, I take this matter seriously and understand the importance of addressing my financial obligations. However, I believe it is crucial that any claims against me are substantiated and accurate before any further actions are taken. I kindly request that you fulfill the following requests within [a reasonable timeframe, typically 30 days]: 1. Verification of Debt: I request that you provide me with full documentation supporting the amount claimed as owed, including all associated fees, interest, and any other charges that contribute to the alleged debt. This should include a detailed breakdown of the principal amount owed, any interest that has accrued, and all additional charges that have been applied. Please ensure that all documentation is precise and transparent. 2. Authentication of Ownership: As the foreclosure notice includes multiple parties involved in the collection of the debt, I request proof of ownership and the legal authority to foreclose on my property. Please provide a complete chain of title and documentation establishing the proper transfer of the mortgage and promissory note. It is essential to ascertain that all parties involved have standing and authority to proceed with foreclosure. 3. Compliance with Regulatory Requirements: Please ensure that all required regulatory procedures have been followed correctly throughout the foreclosure process. I kindly request that you provide proof of compliance with all relevant state and federal laws and regulations, including the New Mexico Homeowner's Protection Act (HOPE) and the Truth in Lending Act (TILL). Additionally, I request copies of all notices and communication sent to me regarding the foreclosure process. 4. Cease and Desist Foreclosure Proceedings: Given the pending response to this letter and the need for thorough verification, I kindly request that all foreclosure proceedings be immediately halted until the requested documentation has been submitted and reviewed by independent legal counsel. Please note that failure to provide the requested verification and documentation within the specified timeframe will be considered a violation of my rights as a homeowner and may result in legal action. I emphasize the importance of fair and transparent proceedings based on accurate information. I kindly request your prompt attention to this matter and urge you to address my requests within [a reasonable timeframe]. Furthermore, I appreciate your cooperation and look forward to resolving this issue in a mutually satisfactory manner. Thank you for your immediate attention to this important matter. You may reach me at the contact information provided above should you require any additional information or clarification. Yours sincerely, [Your Name]

Subject: Request for Verification of Debt and Cease Foreclosure — Urgent Matter in New Mexico [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Foreclosure Attorney's Name] [Foreclosure Attorney's Firm] [Address] [City, State, ZIP Code] Re: Request for Verification of Debt and Cease Foreclosure — Case #[Case Number] Dear [Foreclosure Attorney's Name], I hope this letter finds you well. I am writing to address a matter of utmost urgency pertaining to the foreclosure proceedings undertaken against my property in [County/ City], New Mexico. I recently received a foreclosure notice from your office regarding the aforementioned case, and I kindly request your assistance in providing verification of the debt as well as immediately ceasing the foreclosure process. As a responsible homeowner, I take this matter seriously and understand the importance of addressing my financial obligations. However, I believe it is crucial that any claims against me are substantiated and accurate before any further actions are taken. I kindly request that you fulfill the following requests within [a reasonable timeframe, typically 30 days]: 1. Verification of Debt: I request that you provide me with full documentation supporting the amount claimed as owed, including all associated fees, interest, and any other charges that contribute to the alleged debt. This should include a detailed breakdown of the principal amount owed, any interest that has accrued, and all additional charges that have been applied. Please ensure that all documentation is precise and transparent. 2. Authentication of Ownership: As the foreclosure notice includes multiple parties involved in the collection of the debt, I request proof of ownership and the legal authority to foreclose on my property. Please provide a complete chain of title and documentation establishing the proper transfer of the mortgage and promissory note. It is essential to ascertain that all parties involved have standing and authority to proceed with foreclosure. 3. Compliance with Regulatory Requirements: Please ensure that all required regulatory procedures have been followed correctly throughout the foreclosure process. I kindly request that you provide proof of compliance with all relevant state and federal laws and regulations, including the New Mexico Homeowner's Protection Act (HOPE) and the Truth in Lending Act (TILL). Additionally, I request copies of all notices and communication sent to me regarding the foreclosure process. 4. Cease and Desist Foreclosure Proceedings: Given the pending response to this letter and the need for thorough verification, I kindly request that all foreclosure proceedings be immediately halted until the requested documentation has been submitted and reviewed by independent legal counsel. Please note that failure to provide the requested verification and documentation within the specified timeframe will be considered a violation of my rights as a homeowner and may result in legal action. I emphasize the importance of fair and transparent proceedings based on accurate information. I kindly request your prompt attention to this matter and urge you to address my requests within [a reasonable timeframe]. Furthermore, I appreciate your cooperation and look forward to resolving this issue in a mutually satisfactory manner. Thank you for your immediate attention to this important matter. You may reach me at the contact information provided above should you require any additional information or clarification. Yours sincerely, [Your Name]