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There are many resources to help you with foreclosure prevention. You may have heard of HAMP which is a government based free resource to help you prevent foreclosure on your home through a loan mod. However having to prevent foreclosure on my own home I have found that the best resource for this is to educate yourself on the foreclosure process. I really helps to understand your rights as a homeowners and what the mortgage lender can and cannot do.
Wiki User
∙ 13y ago
You can seek help from a housing counselor or a financial advisor to explore options such as loan modifications, repayment plans, or emergency assistance programs. Contact your mortgage lender as soon as possible to discuss your situation and find a solution to avoid foreclosure. Consider reaching out to local nonprofits or government agencies that provide foreclosure prevention services for additional support.
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