Confused - thought BoA was halting foreclosures?

[nervous1]

Applied for loan modification early June 2010. About a month later, rec'd letter saying they didn't receive all my info (nevermind it was info they had not asked for....). Sent that info Fed Ex next day. I called back early Aug. Told I had sent everything I needed to, that it was up to BoA at that point. Called one more time (don't remember date). Nothing new. Told it would take 45 days for them to process info. (Was told before I applied that whole process would take 15-45 days.)

Okay...been 4 months since loan mod process started and ZILCH.

Made last mortgage pmt. June 2010, so as of today, 4 months behind. The only correspondence I've rec'd relating to my mortgage was a letter in Aug saying that if they did not receive a pmt. by 9/15, they would accelerate.

So, fast forward to today. I received a letter from a law firm representing BoA. Basically a debt collection letter. Gives the amt. of mortgage loan. Says the debt is owed to BoA, who may or may not be the recorded holder of the Security Deed. Tells me I have 30 days to dispute the validity of the debt.

Last paragraph states that if I have filed Chapter 7, my personal liability on this loan may have been entinguished and that if I have not, the law firm has been requested to foreclose on my property. And, if I'm CURRENTLY under bankruptcy protection, I should provide my case info.

I have not yet filed for BK7. Waiting until I "had to" and for cc charges to age.

Guess it's time to file now, huh?

But, I'm confused. Thought BoA had halted foreclosures. I don't really care, just speeds things up on my end.

But, would like to ask opinions on how I should respond to this law firm. THANKS!

[ccsjoe]

Let me clarify one point there. BofA halted the actual foreclosure itself. The steps it takes leading up to the foreclosure are still happening. I understand it can be confusing, but what they halted is the final moment/step.

If you can file now, then do so. The letter gives you 30 days to respond. After that they will likely file suit (I believe GA is a judicial foreclosure state). So you still have about 40 to 45 days, but yes, I would file now to get your case # and provide it to them.

[ryan]

I mentioned in another post that BofA , when I spoke with them, was very specific about what was 'halted' (really 'delayed')
They are delaying SHERIFFS SALES and SUMMARY JUDGMENTS...these are obviously critical points in the process. Outside of those 2 events, they are proceeding as usual with all actions that would lead up to those points.