Hi all, I've been reading for some time and finally have the time to sit down and ask my question. What would be the cause of a HUGE delay in the final stage of foreclosure?
Our home went into default starting in 2007. We filed a Chapter 13 and kept up with it for almost two years when circumstances led us to having to give up and have it dismissed. We received the usual foreclosure letters, set to accelerate after the failed chapter 13. The loan was originally with Argent and backed up Deutsche. The 2nd loan was some other company, can't even remember now. They have been sold and transferred so many times, with the first mortgage winding up with AHMSI about two years ago. In June 2010 we received the notification that it was in the final step of foreclosure with a referee assigned to check the figures and set the sale date....19 months later we're still here with no sale date ever set. AHMSI sends us letters frequently telling us to apply for Hope Now (we don't qualify) and they have some "investigator" call several times per day from a company called HP Locate, which I do not answer.
I know my time is limited, but what could be the hold up?? I'm in Sullivan County, NY.