Behind on my mortgage

May 31, 2006 6:03am CST
Can I save my home from foreclosure?
3 people like this
24 responses
• India
28 Nov 06
hey dude can u explain me what is meant by foreclosure?
@meeshee1 (188)
• United States
28 Dec 06
It just means that the homeowner cannot pay the mortgage and may lose their home.
@coffeebreak (17798)
• United States
5 Dec 07
If you are asking, probably not. Just make sure next time you learn from your current mistakes and don't do the same thing again.
• United States
6 Mar 07
You can definantly save your home from forclosure. Mortgage companies and do whats called a forclosure bail out. You could also refinance. I am a loan officer and may be able to help you. I work for a mortgage lender/broker and have access to many mortgage programs. I can work with you and see what program would be best for you and see if I can save your house. Please email me at anjones02@yahoo.com and I will be glad to help you.
• United States
25 May 07
there are a few options for u..1. you can file a bk 13 which will stop the foreclosure however the amount that u are behind on will be put into a payment plan and u will have 2 monthly mortgage payments..or u can call the lender and put the balance that u are overdue into a forbearance plan.
@suehan1 (4344)
• Australia
4 Dec 07
firstly i would seek advice.there should be some free services like life line or something similar.they usually have finacial advisors there and will help you with your situation.you could also look and refinacing so ask the finacial advisors,also they will speak to creditors and arrange for them to lay off you untill you get on your feet.so check it out and see if you can get some free finacial advice.it does not hurt to try.cheers sue
• United States
3 Dec 07
there is alot of questions and answers you just have to look in the right directions. if you can prove you had hardship....change in job, lost a job etc they will help you. the foreclosure itself is time consuming it will take months before they will evict you if they evict you. you have been summons im sure by now you will have probably three actual court dates before they issue a judgement. the lenders will if they havent started by now, contact you to see if you want to re-evaluate your situation and start your loan payments again...work with them talk to them they will work with you there are so many homes going into foreclosure they cannot afford to keep eatting the costs. there are also agencys out there who can stop foreclosures.
@katyzzz (2897)
• Australia
6 Jan 07
Get some advice
@rusty2rusty (6763)
• Defiance, Ohio
2 Dec 06
Yes,it is possible. But I do not know how. As my house is in the process of orecloser. I just wish I knew how long the process took.
• Philippines
17 Dec 06
i dont know..
• Philippines
17 Dec 06
i dont know...
@jal1948 (1359)
• India
27 Feb 07
without giving any details or location or country how can one give random advice, there are different laws in different countries,
@emmet18 (1114)
• Romania
17 Dec 06
The only way to get out of the foreclosure is to pay, unless the company ho want's to get your house is having problem with the law, then, maybe, you have a chance.
• India
7 Jan 07
no its pretty tough...
@mudmud (6)
• United States
27 Feb 07
There are a few things you can try to do. You can get caught up and try to refinance your home to make your payments smaller. Sell your house and move into something less expensive. Go to your bank and take out a personal loan. Or talk to someone your mortgage is with and work a payment plan out until your mortgage is caught up.
@funnysis (2619)
• United States
26 Nov 06
You can if you know someone who would put up the money and hold the deed or you could talk to who ever holds the deed and work something new out with them.
@infohome (1219)
• India
27 Nov 06
online article and web directory may help you. all the best.
@raghavibm (543)
• India
27 Nov 06
better to sell your house yourself, instead of auctions by the court at the end because you could not pay the crediss.
@erica926 (174)
• United States
22 Nov 06
Hey, it depends on whether you want to sell your home in the process or not. If you want to sell the home, save it from foreclosure, and come out with some money in your pocket, let me know, i think i know of a place you can check out and they will be able to help you in any situation you are in.
@anne_143god (5387)
• Philippines
21 Nov 06
It depends if you already have money, I wish you already have for you to clear your mortgage.
@nana1944 (1364)
• United States
26 Nov 06
Have you tried an equity loan? That might be a way to go.