Do not stop paying your bills, and do not wait until you cannot make payments before you act.
Though you may feel scared or embarrassed, immediately begin working with your lender to avoid foreclosure on your home.
Can a lawyer stop a foreclosure?
The answer is a definite yes. Our mortgage foreclosure attorney can stop a foreclosure sale and a notice of trustee sale, in most cases, within 1 hour. There are 2 common legal options that can prevent a foreclosure. These options include either filing a lawsuit [foreclosure litigation], or filing a bankruptcy.
How can I stop a foreclosure auction immediately?
5 Ways to Stop the Foreclosure Process
- Foreclosure Workout. Up until the time your home is scheduled for auction, most lenders would rather work out a compromise that would allow you to get back on track with your mortgage than take your home in a foreclosure.
- Short Sale.
- Deed in Lieu.
Can I stop a foreclosure by paying the past due amount?
You can bring your loan current and stave off the foreclosure sale filing by paying the past due amount, plus penalties. This process is known as reinstatement and it’s usually what the lender wants you to do.