Foreclosure Notice Letter
April 5, 2052
[RECIPIENT’S NAME]
[RECIPIENT’S ADDRESS]
Dear [RECIPIENT'S NAME],
I am writing to notify you that [YOUR COMPANY NAME] has begun the foreclosure process on the property located at your address. Due to multiple missed mortgage payments, we have taken the first steps towards repossession. As we previously communicated in our past-due payment notices, missing a mortgage payment can lead to foreclosure.
We understand that life can be unpredictable and complicated. Our primary intent is to work with you and help you get back on track. Nonetheless, we must adhere to our financial commitments. You are currently [NUMBER OF DAYS/MONTHS] behind on your mortgage payments.
As of now, you have 30 days from the date of this letter to make your mortgage current. If we do not receive the outstanding balance within this period – or you fail to contact us to discuss potential payment plans or solutions – we will be legally required to proceed with the foreclosure process. Please treat this matter with the utmost importance.
Sincerely
[YOUR NAME]
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