Just when is it too late to stop a foreclosure? Most people who have gotten behind on their mortgages do not want to lose their homes. Unexpected events like job loss, medical illness, and other emergencies can cause a homeowner to fall behind on payments to the bank. How To Stop Foreclosure Eventually, if you fall far enough behind on your mortgage, you will be in danger of having your home foreclosed upon. Foreclosure can cost you a lot more than just your home. It can ruin your credit … [Read more...] about When Is It Too Late to Stop a Foreclosure?
avoid foreclosure
How To Avoid Foreclosure
Since 2013 homeowners in California have had the legal protection of the Homeowner Bill of Rights to prevent foreclosure. This law reformed the California foreclosure process to give homeowners better protection against foreclosures. More than a million home was sold in foreclosure in California between 2008 and 2011. In most cases, homeowners were not given significant opportunities to avoid foreclosure by the lenders. Lenders were also involved in predatory mortgage servicing without … [Read more...] about How To Avoid Foreclosure