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What if the Borrower (Trustor) offers to make a partial payment?

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What if the Borrower (Trustor) offers to make a partial payment?

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Accepting a partial payment can jeopardize the validity of the foreclosure. You can accept a partial payment and rescind the foreclosure; however, you would need to record a new Notice of Default if they remain in default. You can accept money with a forbearance agreement. There are many ramifications of a forbearance agreement; the process should be guided by legal counsel.

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