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NOTICE OF DEFAULT (NOD)


What is a Notice of Default (NOD)?
When a borrower fails to pay or defaults on their loan or debt, a Notice of Default (NOD) gives a formal notice to the borrower. As the first step in the real estate foreclosure process, a Notice of Default notifies the borrower that the lender will seize the property if payments are not made.


Hire a Notice of Default (NOD) Lawyer: If you receive a Notice of Default, it is important to contact your mortgage lender immediately so you can agree on modification. If you are granted forbearance, you can have additional time to make the required mortgage payments. Remember that you can take action and by speaking to a real property lawyer about consolidating your debt at a lower interest rate.  


Find a Notice of Default (NOD) Lawyer: Take immediate action if you have received a Notice of Default. Contact Attorney Search Network today and we can help you find a real property lawyer that can help you save your home from going through a foreclosure.

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