Preventing Foreclosure

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Tag Archive for ‘bankruptcy’

How to Delay Foreclosure, Legal Tactics

November 26, 2008Options to Foreclosing

Attempting to delay a foreclosure doesn’t mean you delay taking action.  You must act with urgency in order to get the most from each of these maneuvers.  The following list presents short-term solutions.  We also offer permanent options to avoid foreclosure on a separate list.

Call your Lender: You should contact your lender as soon as [...]

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Options when Facing Foreclosure

If you are facing foreclosure, don’t feel that your fate is locked in to losing your home.  There are options which can help you save your home, but you must act quickly as most of them are time sensitive.
The best option for you depends on your specific situation.  For example, a repayment plan may be [...]

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Bankruptcy Not the Best Solution to Avoiding Foreclosure

October 26, 2008Options to Foreclosing

Adapted from an Associated Press article by Alan Zibel:
Most people trying to stave off a foreclosure are better off trying to negotiate changes in their loan rather than filing for bankruptcy.
For homeowners who have found themselves struggling to keep up with their mortgage payments after an increase in their rate or a change in their [...]

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