What is the process of foreclosure?
A foreclosure is a process of confiscating your collateral to cover the debt. Actually, you have borrowed money from a lender to get a mortgage. Mortgage is used to purchase a new house. But you%uFFFDve also signed a special document according to which you can%uFFFDt repay regularly or can%uFFFDt pay off at all; the lender will seize your house to cover the debt you%uFFFDve made. The whole procedure of seizing your property is known as a process of foreclosure.

Is it possible for me to stay in my house when a foreclosure?
Yes, it%uFFFDs possible. You may stay at your house. The lender has no rights to move you out or even threaten you, but don%uFFFDt be afraid of being put out. Surely, foreclosure is an unpleasant process and quite stressful. You should know that without special Court%uFFFDs Permission the lender won%uFFFDt seize the house. By the way you can stay in the house till the process finished. In many cases the Ciurt takes the side of the borrower and prolong the date of the final phase of foreclosure.

Can the bank just come and kick me out of my house?
No the bank has no rights for kicking you out. You may be moved out only according to a Court%uFFFDs permission. But you may be evicted and lose the rights to own and to control the property. But there are some more procedures the borrower must follow when the process of foreclosure starts.

What are the terms of foreclosure?
Well, the whole process will take you about six months. It%uFFFDs the period between you%uFFFDve legged behind in making repayments and the final phase of foreclosure. Well, in some states the whole period will take you 2 months only (like Texas), but in some 7-8 months. Everything depends on the cost of the property and the lender.

What if I need time to hire an attorney?
In case you need to hire an attorney, you should ask the Court first. The Court grants an extension of time to request you. It will take about 30-60 days. You should written form, the County Clerk should file it, after that, mail the attorney.

What your company can do for me?
Go on a free consultation. If we see that we can help, we try to choose the best variant for you to escape the foreclosure process. By the way we try to choose the best variant for you to correct your credit history. We use several techniques like Forbearance Agreement, Loan Modification, Deed in Lieu to correct the situation and to save your home. Don%uFFFDt lose your time and contact us.

What is a repayment plan?
This is the plan to help you to catch up on the repayments (missed repayments) and to give you an opportunity to pay off.

How will you stop foreclosure?
To stop the process of foreclosure is our specialization (resolutions of mortgage delinquencies, home foreclosure claims on behalf of the homeowner). We work out a financial plan and find the most suitable alternatives to solve the problem. We work with you lender and the state laws to find the best solution. You also get the needed information. We%uFFFDll find the best resolution to satisfy you and the lender taking into account specific criteria and financial circumstance.

Will it help me if I have a bad credit history?
Our help doesn%uFFFDt depend on your credit history (even bad credit history).

What are my chances of actually saving my home?
We do everything to save your property (we have 90% success). So, as you are our client, we cater for your property. Be sure we%uFFFDll everything possible to stop the foreclosure.

What would be the consequences if I end up in foreclosure?
TWell, the consequences are not really good. First of all, you%uFFFDll lose your home. Secondly your credit history will be spoiled. Sometimes foreclosure is recorded for 10 years. That%uFFFDs why you can%uFFFDt buy a new house.

What if I%uFFFDm already deep into the foreclosure process, can you still help me?
We still can help you to save your house. Surely, it%uFFFDs better not to lose your precious time but we have dealed with the same situations in past. Actually, the best way for you to escape foreclosure process is to contact as fast as possible.