Where do I start when I get behind on my Mortgage?

If you are behind on your Mortgage and don't know where to start, it is best to determine what the Foreclosure timeline is. Once you understand what will happen then you can hopefully relax and start to work toward a solution. Far too many people find out they are in foreclosure, panic and make decisions that are not good for them.

Many people call their Mortgage Company, tell them how much they make... which is exaggerated, tell them what their expenses are... which is way underestimated, and agree to anything on the phone to get them to stop the sale. This puts them into a repayment plan that does temporarily stop the sale. But it also is a ticking time bomb because they can't afford this payment. Eventually they will default on the repayment plan and be right back in the same position.

Do your homework and see what your financial position really is before you call the Mortgage Company.

"I was in a Chapter 13, had to have a hysterectomy, off work and then lost my job. I currently have a job and have been working steady since November. I don't know how to put things back together with my mortgage company."