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If you are facing
foreclosure the best advice we can give you is ACT
NOW!
Many people facing
foreclosure simply do nothing and hope for a miracle. Don't
fall into that trap!
Some homeowners
seek advice from a lawyer (and why not - a lawyer is supposed to
have all the answers, right?) Maybe but then maybe not!
Some homeowners act
on their lawyer's advice and file bankruptcy thinking that all
their problems are now solved. Bankruptcy does put a hold on
everything, yes, but all it buys you is a little time. The end
result is almost always the property still goes to auction and you
now have a bankruptcy in addition to the foreclosure on your
credit report.
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