Hello Dan. I don't know what the foreclosure procedures are in your state (where is Woodridge?). In CA, the lender can consider you in default even if you are just a day late, but they won't file a notice of default unless you are behind at least 30 days. These days, most lenders will not act so quickly because they are overwhelmed by the # of late payments. In essence, the lenders do not act as quickly as they could under the law. We have non-judicial foreclosures in CA, which means that the foreclosure process takes place outside the court system. Theoretically, in CA a trustee sale could occur on day 121 after the notice of default was recorded, but we don't see this happening right now. In summary, there is the law and then there is reality.
The farther you get behind, the less likely it is that you'll be able to cure the default. My recommendation is to seek help a.s.a.p. Don't be in denial and hope that nothing will happen. The sooner you get help, the better. The worst thing you can do is ignore the situation. It doesn't look like you are ignoring it since you came here asking for advice. Contact your lender's loss mitigation department. Many borrowers are afraid of making that phone call because they think that the lender will not work with them or because they think that if they call the lender will know that they are behind and start foreclosure procedures right away. The truth is that the lenders do not want to have to foreclose because it costs them a lot of money. They also do not want to have to take the property back because that affects their ability to make new loans as they have to have much higher reserves when they take properties back than when they make new loans.
When you deal with the lender, stay calm and be nice. You don't want to burn your bridges. If you don't feel up to the task, seek the help through someone like Heidi. You'll have to sign a letter of authorization as the lenders will not talk to third parties about your loan unless you have authorized it in writing.
Wishing you the very best of luck,