Reinstating a Loan

Reinstating a Loan

Posted by Shawn Simpson // December 22, 2021

There are nine ways to stop a foreclosure. Let’s look at the first, reinstating a loan. Reinstating a Loan  Nolo says, “A “reinstatement” occurs when the borrower brings the delinquent loan current in one lump sum. Reinstating a loan stops a foreclosure because the borrower catches up on the defaulted payments. The borrower also has […]


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