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Not likely outside of bankruptcy. It is called a "deed in lieu of foreclosure" and few lenders would be willig to do that unless the value of the property was close to what is owed.

In a c. 7 or a c. 13, you can surrender the house.

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14y ago

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What is the best recommended foreclosure website?

There are agencies who can help you to stop foreclosure. I have saved my house from foreclosure and if you have a foreclosure property then those agencies will buy it at a great price. For foreclosure guide you can visit myprgenie.com you will get stop foreclosure guide by 2brothers real estate


What kind of options are available for me to stop foreclosure on my house?

Your best option would be to higher a bankruptcy attorney. They can provide assistance in this area even without a decleration of bankruptcy. In fact, often a letter from your attorney threatening bankruptcy will be enough to bring your mortgage holder to the bargaining table, as bankruptcy would automatically stop the foreclosure proceeding and put it in the hands of a judge. If you wish to stop foreclosure on your house, then you have one of two options. Either 1) contact your mortgage company, and attempt to lower your monthly payments, or 2) speak with an attorney, and hope that you have a case.


Where can one get help to stop a foreclosure?

If one is threatened with a foreclosure and threatened with eviction from one's house, visit Citizens Advice. They may be able to suggest ways of avoiding the foreclosure.


What steps can I take to stop a foreclosure on my house?

The first step is to contact your bank or mortgage company. Many banks will work with customers to avoid foreclosure.


How do you stop foreclosure and eviction?

The best way to stop foreclosure is to stop in occurring this event to happen.


Can you save your house from foreclosure?

Yes you can save your home from foreclosure. This is a primary reason people file for a Chapter 13 Bankruptcy, the automatic stay can stop a foreclosure as long as it's filed before the sale takes place.


We filed chapter 7 bankruptcy. When can the bank take the house?

When you either voluntarily give up the house or you stop making payments (foreclosure).


If your house in foreclosure and is up for sale can it still be forclosed on by the lender?

Yes, the act of listing your home for sale will not stop or stall the foreclosure proceedings. Homes can be listed for sale for months and even years.


Is there a guaranteed way to stop a foreclosure?

No, there is no guaranteed way to stop a foreclosure. In order to prevent a foreclosure, you can just pay your mortgage on time and you can read about it at hud.gov/homes/homesforsale.cfm


What is foreclosure help?

Foreclosure help is advice and help you can get from an organization or service that will help you through a foreclosure or help you stop a foreclosure. Foreclosure Help and Hope is an organization that can help.


If your renting a home in foreclosure when do you stop paying rent?

Not until there is a foreclosure sale.


What if you stop paying your mortgage?

You will lose your house. The time period is variable and the exact conditions are somewhat negotiable, but the end result is foreclosure.