<prompt> Human: Hello, I dont have the complete details on the situation but theres a time line looming so I thought Id ask for some direction now. My parents are on their last payment after 25 years. They had a mortgage with citi or one of the other major banks but the loan was sold off about 6 months ago. Before that the loan had not moved lenders to my knowledge. Over the years there have been accrued fees with interest im assuming totaling now to be 5,000- 10,000. My mom had verbal agreements on how to resolve this with the old company but the loan was sold off before the discussions were finalized. The new lenders want their money paid in full and they want it the day of the last payment or they will seek legal action. My dads realtor friend who helped us buy the house originally, says theres nothing we can do besides pay immediately or theres a risk of foreclosure. Is this common practice? I know the late fee balance is ridiculous but we live in orange county so its not like its a large of the total property. Currently were scraping up the total but any information on what can be done with accrued fee balances after a mortgage pay off date would be helpful. Thanks for your time.Assistant: Can they dig into savings to get the money? Human: They can get it together through borrowing but no one likes to owe friends and family money. Taking the money out of their 401k their savings would take time and their payment is due in the next couple weeks. My mom gave up trying to get the lenders to negotiate a payment plan for the remaining balance just this past weekend. My question isnt so much about where the money will come from but if its standard to be due immediately when the last payment is due and if they can reasonably threaten foreclosure without any sort of payment plan options for these remaining balances.  <response>: A credit union may be able to give them a personal loan for that amount in time to pay the fees. Lenders are under no obligation to make payment plans for essentially what is a balloon payment due. Yes they can begin foreclosure. The payment period has ended and there is still money due. 