Background: Filing ch 7 in summer when we are under median. Dumping it all! Car, house and cards! Haven't paid mortgage (citi) since December. They've called us but the first letter came today. I'm trying to figure out how "official" it is so I can attempt to plan to be out if it's going to be sooner rather than later. Our attorney advised us that we will have to be in a rental at filing for "expenses going forward."
The letter says:
"Your account is in default."
"As a result of the default status of this account and in accordance with the terms of the Mortgage Note/deed of Trust...an exterior inspection of the property will be done..."
Is this my official Notice of Default? It seemed like it would be a more substantial letter. Does the foreclosure timeline for my state (Missouri) start now?
The letter says:
"Your account is in default."
"As a result of the default status of this account and in accordance with the terms of the Mortgage Note/deed of Trust...an exterior inspection of the property will be done..."
Is this my official Notice of Default? It seemed like it would be a more substantial letter. Does the foreclosure timeline for my state (Missouri) start now?
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