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The best way to prevent a foreclosure on your home is to stay ahead on payments for your mortgage. If you know ahead of time that you won't be able to make payments because of a loss of job or other problems it is best to contact the bank before the problem arises and tell them your problem. Most banks have a 6 month grace period if you contact them about your inability to pay before beginning court procedures.

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12y ago

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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


Can you stop foreclosure you have cancer?

I think this is not a good reason for stopping closure. The best to stop foreclosure is to prevent it in occurring at the first place.


How do you prevent your home from going in to foreclosure?

By paying your mortgage payments on time.


What is a sentence using the word foreclosure?

Shays led a group of farmers against the local judicial government in order to prevent the foreclosure of their land.


How long will bankruptcy prevent a foreclosure?

Bankruptcy will prevent a foreclosure but you still have to reaffirm the loan and begin paying or the bank will repossess your house regardless of bankruptcy. Bankruptcy temporarily halts the process for up to a couple months.


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 are the best options to prevent the foreclosure of my house?

The United States Treasure Department has a few programs to help prevent the foreclosure of your house. One of the best programs they offer is the Home Affordable Modification Program, this lowers your monthly payment to 31 percent of your verified monthly gross income to make your payments more affordable.


Where can one find Michigan foreclosure listings?

There are a number of places where one can obtain information and find out about Michigan foreclosure sales. Such places include local and national newspapers and magazines, the direct foreclosure, and specialist foreclosure websites.


A friendly foreclosure enables a mortgagor to prevent the mortgagee from taking the property by statutory means This can be accomplished by use of an?

What happens to a second mortgage if there is a friendly foreclosure of the first mortgage on property?


Can you file for chapter 13 two years after a chapter 7 discharge to prevent foreclosure?

Yes, you can.


Where can I learn about stopping a foreclosure?

Your local bank will have the most accurate information on how to prevent your home from going into foreclosure. You can also discuss alternate payment plans or consolidating loans for a lower rate while there as well.


Are there any legitimate foreclosure auction websites?

prlog.org is one of the legitimate foreclosure auction websites.