Product Details
When a homeowner can no longer make payments on the house, the lender or bank will attempt to seize the property.
This process, known as foreclosure, is becoming more and more common, even for those with good credit. In fact, it has
been estimated that 1.5 million homes will be foreclosed in 2007. Find out how you can prevent foreclosure by reading
this book and discovering the legal ways to protect your home.
How to Prevent Your Home's Foreclosure Now will provide you with strategies for getting legal advice, keeping current
on your mortgage payments, negotiating temporary delays in payments, restructuring loans, refinancing, filing for
bankruptcy, and creating and sticking to a budget. You will learn about debt counseling and income maintenance, tax
abatement, and public assistance programs. In addition, this book will show you how to decide if your property is worth
saving, how to figure out how much time you have to act, how to use the courts to stop foreclosure, how to decide
whether bankruptcy is your best option, and how to use your military status to prevent foreclosure. You will also learn
about foreclosure rescue scams, nonjudicial foreclosure, judicial foreclosure, and notice of default.
Also included is an explanation of the alternatives to foreclosure, such as special forbearance, mortgage modification,
partial claim, pre-foreclosure, and deed-in-lieu of foreclosure. With foreclosures on the rise, it makes sense to know
how to protect your home. How to Prevent Your Home's Foreclosure will provide you with tips, tricks, strategies, and
secrets to prevent your home's foreclosure now before it is too late.
