If your home is in foreclosure for being behind in your monthly payments, you have the right to reinstate your loan upto 5 business days before the date that it is scheduled for the sale. If the sale is postponed, your right for reinstatement is extended to 5 business days before the new sale date.
In order to reinstate the loan you must bring all back payments current and pay all costs, fees and penalties attached to the loan. The loan balance does not have to be paid in full. After reinstatement, the foreclosure process is stopped and the trustor resumes making their regular payments.