Although this rule is a RESPA requirement it refers to state law. Even after reviewing the email TBA sent on this topic back in March we still have questions.
It states "a carefully crafted demand letter or past due notice would not be the "1st notice of filing" required by TN law."
What exactly would a carefully crafted demand letter include?
Is a demand letter from our attorney acceptable?
What contact would be acceptable during the 120 day period?
I have no previous experience with foreclosures and our bank attorney seems to be as confused as we are.
(I have also emailed Tim Amos at TBA for his input)
Any input is appreciated.
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