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bankruptcy question

Posted on: 26th Oct, 2010 07:23 pm
Hi
Within six months enrollement for credit conselling I certainly will fall in foreclosure category. Is any other alternative that can stop foreclosure while I am with credit counselling?

Thanks
Parviz
Hi parvizzandifar,

You can apply for a loan modification with your lender in order to stop the foreclosure process. If you're delinquent on your mortgage payments and facing severe financial hardship, then there are high chances that the lender will help you with a loan modification which will make it affordable for you to pay off the dues.

Thanks
Posted on: 27th Oct, 2010 02:17 am
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