ohio forclosure laws?

i would like to know what the ohio forclosure laws are. My morgage was behind 3 months and in order to bring it up to date i applied for a 401K loan. i got the loan and made the 3 payments to the bank with the late fees for those months and now they said they cannot accept the payments and have closed the account. They said the account was in forclosure Jan. 31 the payments were made Feb. 6th. And Feb. payment is due by the 16th. Are they permitted to do that? What can I do? I'm trying to make payment and they will not accept it. I've been communicating with them throughout the whole period and they were aware of the 401k loan.




02-13-2002 03:34 PM

[HomeGuru]

I responded to your duplicate post that you made on the real estate board.

There is no more to the story. Is she just threatening me then?
Do you know what the Ohio forclosure laws are?

[HomeGuru]

There is indeed more to this story. If you read your mortgage and note you will realize that the mortgage company has the right to foreclose. And also has the right to reject partial payemnts. They have incurred legal fees and court costs which you also are liable for. If you are in the right, I suggest hiring an attorney and suing them.