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September 8, 2010

Mountain Law: What happens to a foreclosure deferred?

In 2009, Governor Ritter signed into law House Bill 1276, which created the Colorado Foreclosure Deferment Program. The program permits qualified borrowers to delay the foreclosure process on their homes by 90 days. The program does not allow these borrowers to completely stop a foreclosure, but it may give them time to work out a permanent loan modification with the foreclosing lender or make

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