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Loan Modification to stop foreclosure
Two years ago we took in a family who lost their home and had no place to go. With the additional financial responsibility we began to fall behind in our mortgage with Bank of America and other bills. They moved out after one year then I began dealing with some medical issues which caused me to miss a lot of work. Recently our daughter has been sick and I missed even more work and finally lost my job in November. Our house is in foreclosure. My husband is in the military. We heard he could lose his security clearance if we file for bankruptcy which would cause him to lose his job. We are looking for options. Is loan modification a reality to stop foreclosure?
Related Entries
- Stop Foreclosure with Bank of America - November 11, 2010
- Need Partial Claim on FHA loan - May 1, 2010
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IMPORTANT NOTICE: American Foreclosure Specialists (AFS) and our services are not approved by the government or your lender. www.afscanhelp.com is not associated with the government, nor is it a government sponsored website. To access information on government sponsored assistance, please visit makinghomeaffordable.gov. You need to know that even if you accept our offer and use our service, your lender may not agree to change your loan. Also, if you stop paying your mortgage, you could lose your home and damage your credit rating. Work Out and Loan Modification Plans vary and are dependent upon mortgage company criteria and financial information gathered as part of the efforts AFS provides. The information and notices contained on this website are intended as general research and information and are expressly not intended, and should not be regarded, as financial or legal advice. We attempt to ensure that the material contained on the website is accurate and complete at the date first published, however you should recognize that information contained on this website may become out of date over time. Readers who have particular questions regarding real estate law, finance, or who believe they require legal counsel, should seek the advice of a financial advisor or an attorney. AFS is neither a bank nor an attorney company. By submitting this contact request, you are consenting to be contacted by foreclosure specialists by telephone and/or email, even if you have previously listed yourself on any state or federal Do-Not-Call List.