Here is the scenario: Consumer loan on primary residence. Loan was delinquent (before new rules) and foreclosure process began. Bank received a court order and Master Commissioner sale date was set. In a final effort, TDR was established. No Agreed Order was signed. IF this loan becomes delinquent in the future, will we have to wait the additional 120 days to foreclose? There has been an argument over the fact that we had already received a foreclosure order from the court. However, because we agreed to a TDR, it would seem that the clock would restart. Would it make a difference if an agreed Order existed? Prior to the new rules, the agreement was in place that if the loan became 30 days delinquent after a TDR, foreclosure would proceed. Any thoughts?