The new law does not disturb New York's six-year statute of limitations on mortgage foreclosure actions. It simply restores a common-sense principle: no party may unilaterally stop and restart the statute of limitations to revive what would otherwise be a time-barred action.
Public records Throughout the foreclosure process, various legal notices must be filed in your County Recorder's Office. This information is public record and available to anyone. Just visit your county's office and you can search for a Notice of Default (NOD), lis pendens or Notice of Sale.
You need to visit your nearest Axis Bank branch, as it cannot be done online. Fill out and submit the application form along with the required documents. The bank verifies documents and calculates the outstanding loan amount with applicable taxes and foreclosure charges for Personal Loan.
The Foreclosure Statement will be sent on your email address, within 3 days from the date of request. Foreclosure Statement for Personal Loan is issued only after 180 days from the date of disbursement of the loan.
Public records Throughout the foreclosure process, various legal notices must be filed in your County Recorder's Office. This information is public record and available to anyone. Just visit your county's office and you can search for a Notice of Default (NOD), lis pendens or Notice of Sale.
Notice of Default – Foreclosure starts when your lender records a Notice of Default against your property with the Registrar Recorder's office. The Notice of Default tells you the total amount you owe including missed payments and foreclosure fees.
The Stages of Foreclosure Stage 1: Default of Payment. Stage 2: Notice of Default. Stage 3: Notice of Sale. Stage 4: Foreclosure Sale. Stage 5: Eviction.
A Notice of Intention to Foreclose is your lender telling you that they are planning to foreclose on your property because you are behind on your mortgage payments.
Contact your lender as soon as you realize that you have a problem. Lenders do not want your house. They have options to help borrowers through difficult financial times.
A Notice of Intention to Foreclose is your lender telling you that they are planning to foreclose on your property because you are behind on your mortgage payments.