What does it mean that my mortgage is in default?

Default means you failed to meet mortgage obligations (usually missed payments), and the lender can start foreclosure proceedings.

Can I stop the foreclosure sale?

You can stop it by curing the default (bringing payments current) or negotiating with the servicer before the sale; contact Planet Home Lending immediately.

Foreclosure — Carlton

Official courthouse record · Indexed in NoticeRegistry archive · AI-enriched for research

Lender

Affects:HomeownersCreditorsProperty Buyers

This notice announces a mortgage foreclosure sale after default on an August 18, 2023 mortgage originally for $344,000. The lender/assignee is moving to foreclose; the borrower risks loss of the property if the debt isn't cured before the sale.

Key Takeaways

Mortgage dated August 18, 2023 for $344,000 is in default
Mortgagee/assignee is pursuing foreclosure sale
Servicer listed as Planet Home Lending, LLC
Filed in Carlton County Recorder on August 23, 2023
Borrower named: Joshua T. Molitor

Published: May 22, 2026 · today
Category: Foreclosure
City: Carlton

Research context

6 foreclosure notices in Carlton (last 12 months)

If you don't respond

If the borrower does not cure the default before the foreclosure sale, the property may be sold at public auction and the borrower could lose ownership; the notice gives filing and sale dates recorded August 23, 2023 but does not list the sale date here.

What to do next

1
Contact the loan servicer
Call Planet Home Lending, LLC as soon as possible to determine the total needed to cure the default and available loss-mitigation options.
2
Review recorded documents
Obtain the full recorded mortgage and assignment (Document A000513097) from the Carlton County Recorder to confirm parties and dates.
3
Seek legal advice
Consult a foreclosure attorney promptly to learn redemption rights and defenses before the sale.

Frequently asked questions

What does it mean that my mortgage is in default?: Default means you failed to meet mortgage obligations (usually missed payments), and the lender can start foreclosure proceedings.
Who is listed as the borrower and lender in this notice?: Borrower: Joshua T. Molitor; original mortgagee/transaction agent: Mortgage Electronic Registration Systems, Inc.; servicer: Planet Home Lending, LLC.
Can I stop the foreclosure sale?: You can stop it by curing the default (bringing payments current) or negotiating with the servicer before the sale; contact Planet Home Lending immediately.

The suggestions and answers above are AI-generated for general information only. They can be wrong, and we don't take responsibility for their accuracy. Talk to a qualified professional before acting on them.

Legal terms in this notice

mortgagee: The lender or entity that holds the mortgage and can enforce repayment.
mortgagor: The borrower who granted the mortgage on the property.
assignment of mortgage: A transfer of the mortgage from the original lender to another entity.
servicer: Company that manages loan payments and foreclosure processes on behalf of the lender.

Full Notice Text

NOTICE OF MORTGAGEFORECLOSURE SALETHE RIGHT TO VERIFICATIONOF THE DEBT AND IDENTITY OFTHE ORIGINAL CREDITOR WITHINTHE TIME PROVIDED BY LAW ISNOT AFFECTED BY THIS ACTION.NOTICE IS HEREBY GIVEN,that default has occurred in theconditions of the following describedmortgage:DATE OF MORTGAGE: August18, 2023ORIGINAL PRINCIPAL AMOUNTOF MORTGAGE: $344,000.00MORTGAGOR(S): Joshua T.Molitor, a single manMORTGAGEE: MortgageElectronic Registration Systems, Inc.TRANSACTION AGENT:Mortgage Electronic RegistrationSystems, Inc.MIN#: 1000962-2023070162-2LENDER OR BROKER ANDMORTGAGE ORIGINATORSTATED ON THE MORTGAGE:OakTree Funding Corp.SERVICER: Planet HomeLending, LLCDATE AND PLACE OF FILING:Filed August 23, 2023, CarltonCounty Recorder, as DocumentNumber A000513097ASSIGNMENTS OFMORTGAGE: Assigned to: Ath