Form 1.996(c) Motion To Cancel and Reschedule Foreclosure Sale
Plaintiff moves to cancel and reschedule the mortgage foreclosure sale because:
1. On …..(date)….. this court entered a Final Judgment of Foreclosure pursuant to which a foreclosure sale was scheduled for …..(date)……
2. The sale needs to be canceled for the following reason(s):
a. Plaintiff and defendant are continuing to be involved in loss mitigation;
b. Defendant is negotiating for the sale of the property that is the subject of this matter and plaintiff wants to allow the defendant an opportunity to sell the property and pay off the debt that is due and owing to plaintiff.
c. Defendant has entered into a contract to sell the property that is the subject of this matter and plaintiff wants to give the defendant an opportunity to consummate the sale and pay off the debt that is due and owing to plaintiff.
d. Defendant has filed a Chapter Petition under the Federal Bankruptcy Code;
e. Plaintiff has ordered but has not received a statement of value/appraisal for the property;
f. Plaintiff and defendant have entered into a Forbearance Agreement;
3. If this Court cancels the foreclosure sale, plaintiff moves that it be rescheduled.
I hereby certify that a copy of the foregoing motion has been furnished by …..(method of service)….. to …..(name(s))….. on …..(date)……
NOTE. This form is used to move the court to cancel and reschedule a foreclosure sale.