stage2.html

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layout: fundamental
title: Stage 2
category: guide
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{% include stage-nav.html title="90-Day Pre-Foreclosure Notice" search = "true" %}


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        <h3>What is this?</h3>
        <p>90-Day Pre-Foreclosure is <strong>required</strong> to be sent to you under New York State law. The bank must wait at least 90 days from sending this letter before they begin a foreclosure action against you. This 90-day window gives you the opportunity to try to work with the Bank to find an alternative to foreclosure.</p>   
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        <h3>When will I receive this?</h3>
        <p>The timing of when you will receive a 90-Day Pre-Foreclosure Notice varies from case to case, but typically if you fall <strong>30 or more days</strong> behind you will likely receive this letter.</p>
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        <h3>What should I do?</h3>

        <p>If you have recently received this letter, we <strong> strongly </strong> urge you to do one of the two things:</p>

        <ol>
            <li>Contact a local housing counseling agency</li>
            <li>Contact your bank directly</li>
        </ol>

        <p>To find a counselor near you, visit this website: <a class="color_link" target="_blank" href="http://www.consumerfinance.gov/find-a-housing-counselor/">Consumer Financial Protection Bureau</a><br>Tips for protecting yourself from scams: <a target="_blank" href="http://www.ag.ny.gov/consumer-frauds/help-homeowners">http://www.ag.ny.gov/consumer-frauds/help-homeowners</a></p>
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        <h3>Associated Documents</h3>       
        <a href="prefc.html">90-Day Pre-Foreclosure Notice</a>
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