Relief from stay

[Overmylimit]

I had posted a few days ago about the rental properties I have and my situation with Indy Mac/One West the question I have is they get the relief from stay at the hearing next month, I am one payment behind with them..so if I am all current by the time they get the relief from stay what happens? do they still try to foreclose or just send me a bill each month??

[optimistic1]

your only 1 month behind? a foreclosure aint gonna happen for several months, but they will seek a lift so they can at least communicate with you to resolve the delinquency.

[justbroke]

If you are current BEFORE the relief from stay, you can attend the relief from Stay hearing and present evidence that you are current.

[Mensa1]

Did you re-affirm the mtgs?

Sounds like you didn't and being delinquent besides, makes you very vulnerable.
Like dangling raw meat into the mouth of a lion... what happens next? Chomp, chomp.

[Overmylimit]

No I wasn't going to re affirm, they are rental properties. The rents cover the mortgages so I was thinking I was going to keep them, I will have them current by the hearing. Do I have to attend the hearing? or does my attorney go?

[justbroke]

Your attorney would go. He can plead that you are current then.

[Overmylimit]

Sweet that's what I'm gonna do.... "Let it be written, let it be done" lol