A) Loan Modification - Reworking of the loan, modifying terms, including Interest Rate.

B) Partial Claim - Additional Lien : 0% Interest, don't have to pay back until you sale or Refinance.

C) Forbearance Agreements - Temporary Agreement to get payments again.

D) Repayment Plans (at the very least) - This option is negotiated at a rate you are comfortable with.

E) Bankruptcy - This should be a last resort to saving the home from foreclosure.
*Does not stop the foreclosure, just provides enough protection to stop the sale of the home.
* "Stay of sale" will stop the  sale, but if all payment are made on time the lender could be granted "relief" from the automatic stay.
*Bankruptcies should only be done with a plan.
*Adding Credit Builder and Refinance

I hope this have help you to understand there is still more than hope available to you. Let us go to work for you today. Our Loss Mitigation Specialist assigned to your account will keep you informed every step of the way. Once he/she put a workout plan in place your account with your Lender will become current immediately. At that point he/she will also encourage you to look over our Credit Builders options to help you get your credit back on track. We will be there to help you guys every step of the way. If there is any thing that can be done we will do it to keep you in your Loan.

Please email or call me if you have any questions.


Kristina Peevy
Public Foreclosure Support
Foreclosure Prevention Consultant