Foreclosures Help Information

Archive for the ‘Help Stop My Foreclosure’ Category

My girlfriend is about to lose her house because she can't afford it after refinancing. She is in default and will soon be kicked out of her home in foreclosure. We're running out of time. The house is a nice house in Orlando, Fl, but the market is no good for sellers. Homes are not selling at the values they should. If she were to sell, she will not be able to sell for enough money to pay off the bank and they will surely come after her for the difference in what she can pay and what they need for her to pay. Should she let it be foreclosed on? Is there a way to stop foreclosure? What about filing bankruptcy? Her credit isn't very good anyway. Maybe it is a good option for her? Thanks for the advice.

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My sister has just received a notice from her bank that her house will be in foreclosure. The notice says that she has 30 days to react and 90 days to pay the mortgage company off and bring her mortgage current. Does anyone have useful information as to what she can do? She obviously doesn't have the money to bring current her mortgage payments and she has also tried to work with the lender but it seems as if they don't care. She called to to talk to them and to try to work out a deal with them many times but nothing worked.