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#Do ''not'' ignore the demand letter. If at all possible, you should get legal advice right away.  Then, try to negotiate with the lender to see if you can arrange manageable repayment terms.
 
#Do ''not'' ignore the demand letter. If at all possible, you should get legal advice right away.  Then, try to negotiate with the lender to see if you can arrange manageable repayment terms.
 
#If you can’t work things out with the lender, the lender <span class="noglossary">will</span> probably start a court action to foreclose on your mortgage. This usually happens after you’ve missed three months of payments. But it can happen sooner. They will ''serve'' on you (give you in person) a BC Supreme Court ''petition''. The petition will ask the court to confirm the amount you owe and set a time period — usually six months, but sometimes shorter — during which you can ''redeem'', or pay off the mortgage. At some point in the foreclosure process, the lender may also ask for an order that your home be sold, and for an order that the lender <span class="noglossary">will</span> have ''conduct'' (control) of the sale.
 
#If you can’t work things out with the lender, the lender <span class="noglossary">will</span> probably start a court action to foreclose on your mortgage. This usually happens after you’ve missed three months of payments. But it can happen sooner. They will ''serve'' on you (give you in person) a BC Supreme Court ''petition''. The petition will ask the court to confirm the amount you owe and set a time period — usually six months, but sometimes shorter — during which you can ''redeem'', or pay off the mortgage. At some point in the foreclosure process, the lender may also ask for an order that your home be sold, and for an order that the lender <span class="noglossary">will</span> have ''conduct'' (control) of the sale.
#If you are served with a  foreclosure petition, it is important to get legal help. If you are self-representing, you must file a ''response'' document within 21 days of service, ''and'' deliver it to all parties along with any ''affidavits'' (sworn written statements) telling your side of the story.
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#If you are served with a  foreclosure petition, it is important to get legal help. If you are self-representing, you must file a ''response'' document within 21 days after the date the petition was served on you, ''and'' deliver it to all parties along with any ''affidavits'' (sworn written statements) telling your side of the story.
    
Supreme Court forms can be accessed through the "[http://www.clicklaw.bc.ca/content/lawscases Laws, Cases & Rules]" page on Clicklaw; click on "BC Supreme Court Civil Forms." For information on what should go into an affidavit, see the publication "[http://www.clicklaw.bc.ca/resource/1037 Can't Pay Your Mortgage? What You Can Do If You're Facing Foreclosure]."
 
Supreme Court forms can be accessed through the "[http://www.clicklaw.bc.ca/content/lawscases Laws, Cases & Rules]" page on Clicklaw; click on "BC Supreme Court Civil Forms." For information on what should go into an affidavit, see the publication "[http://www.clicklaw.bc.ca/resource/1037 Can't Pay Your Mortgage? What You Can Do If You're Facing Foreclosure]."
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