Stopping Foreclosures

Stop foreclosure tips and information. Do not ignore the letters from your lender. If you are having problems making your mortgage payments, call or write to your lender's Loss Mitigation Department without delay. Explain your situation. Be prepared to provide them with financial information, such as your monthly income and expenses.

Beware of foreclosure prevention scams. Solutions that sound too simple or too good to be true usually are. If you're selling your home without professional guidance, beware of buyers who try to rush you through the process. Unfortunately, there are people who may try to take advantage of your financial difficulty.