Posted on April 17, 2008 at 11:27 am From what a wise person told me on here it just depends on the mortgage company. In my case I got one payment behind a year ago then was able to resume payments on schedule. Last month I could only pay 500.00 of a 781.00 payment which immediately started an aggressive collection process and threats of foreclosure. As for if they would really carry through ? I don't know being only one payment behind but from what I hear, they can. Contact your mortgage companies borrower counselor or loss mitigation department. Sometimes they will work with you. HUD also can offer some assistance in some cases.

Posted on April 17, 2008 at 9:09 pm Each mortgager is different but whatever you do, don't ignore it. I'd call the mortgage company right away to see if they have any other types of re-payment options.

Posted on April 18, 2008 at 8:26 pm If you call the lender/bank/mortgage company and tell them that a payment will be a little short, they will ask what kind of payment terms you can arrange to catch it up, and then they'll be a little more lenient on you. If you just don't make a full payment, then of course they'll get nasty and aggressive. Just call the company and tell them what's going on. The person on the phone isn't the 'bank'. It's just a person who works in collections and whose job it is to get the bank's money back from you however they can. If that means in agreed part-payments, then cool. But ring

Posted on September 23, 2008 at 4:06 pm I'm not sure how long it would take them to take action.  You should perhaps call the mortgage company and work out payments with them if it is short term.