Otherwise top performing employees will notice the double standards and may move on. these two employees says everything.
The Court of Appeals found that the purpose of the notice was to let the borrower know how they can cure the default and that the notice only has to comply with a mortgage’s condition precedent substantially. Therefore, there was no requirement to send a second notice of default, even after accepting partial payments.
Mortgagees and their servicers should take note that a New York appellate court has confirmed that a default letter, stating the mortgage debt “will be accelerated” if the default is not cured, does not clearly and unequivocally accelerate the debt. In addition, the appellate court held that de-acceleration notices must be clear and ambiguous, and when standing is raised, it is a necessary.
And so is Porsche, who are usually quite conservative even with their factory acceleration times. at which point you can’t.
“Acceleration from a stop was great. Japanese thing. I always notice this in rental cars. Day 3 Another commute, similar.
A Notice and Opportunity to Cure, giving you notice of the default and a time within which you must pay all past due amounts to avoid repossession. A Post-Repossession Notice, setting forth the date and time of the sale; Acceleration Notice. Your car loan or lease agreement may contain a provision called an "Acceleration Clause."