Has anyone used a service to stop foreclosure, or workout a payment plan? How did it work for you?
Question:
Thank you for your personal testimonies!
Answer:
Be very careful - there are a lot of scams out there. I'd recommend staying away from them, especially if they are contacting you. (see the HUD site below for HUD approved councilling agencies).
What I would recommend is you talk to your lender - don't ignore them. They really would rather not foreclose, but if you ignore them they don't have much choice. You may be able to work something out, or perhaps be able to sell your home before the foreclosure.
I recommend you check out the HUD website for some foreclosure information. There are councelling services and some special programs that might help. (Best of luck to you)
There are 2 ways to stop a foreclosure. File a chapter 13 bankruptcy petition and a forbearance agreement with the lender. The later will allow you to make up any deficit in a years time but you must pay on time or they can resend it back to foreclosure. The bk 13 allows you to set all your cards home and autos into 1 payment to the court each month till all except your home has been paid off. Once all others are paid off you will be current on your mortgage at that time as well.
Good Luck to you
I am a mortgage banker in TN
If saving your home from foreclosure is a priority, we would like to talk with you. We work with people in your state to help them save their homes from foreclosure through our loss mitigation process. There is no cost to see if you qualify for our program, and most people do qualify.
Your home is your most valuable asset. You want to keep it. We know that life is unpredictable, and that circumstances arise that prevent you from making your mortgage payments.. Sometimes these are temporary things such as job loss, medical illness, marital difficulties and even unanticipated repairs.
At a time like this, a Loss Mitigation Consultant can help assist you in bringing the mortgage payments up to date and stop the foreclosure process. We specialize in out of court resolutions of government and non-government mortgage delinquencies and foreclosure claims for homeowners and lenders.
Our intervention offers highly experienced assistance by providing effective alternative solutions aimed at the individual’s particular situation and current financial status.
We can stop foreclosure activities and our loss mitigation staff has many years of combined experience. OUR GOAL IS SOLELY TO ASSIST HOMEOWNERS, we have no interest in owning your home.
Please check out our website at http://easyforclosuresolutions.com/... and we will give you a call in a few days to answer questions. We will assess your situation and give you straightforward advice.
Sincerely,
Katherine Ahching
Loss Mitigation Consultant
702-953-5977
katherineahching@yahoo.com
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