If you have an indymac loan, do NOT go into foreclosure. they will NOT postpone sale dates. They demand that you pay them most (if not all) of the money that you owe them in order to stop the sale date. And they will do underhanded, crooked things like deny you just before the sale date, knowing that you won't be able to resubmit a package for loan mod before they sell your house.
And here's another tip. when you pay them, make sure you FOLLOW DIRECTIONS TO A "T". failure to do so will mean that you paid your money to the bank, and your house will still sell.
Please listen to your attorney when we say things are getting serious, because it means that things are getting serious!
We might initiate our first suit against Indymac this week on behalf of a client that is getting royally screwed around by Indymac. I'll keep you posted.
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