Foreclosure isn't always set in stone, but you do need to communicate with your lender. Lenders become extraordinarily nervous if they are not communicated with regarding the status of the property. Are you about to go through the process of foreclosure? Before you panic, you might want to consider a few methods that you can use to delay.
1. Sell Your Home Right Away
Immediately putting your home on the market can be a good solution.
Everybody has heard of somebody that's filed bankruptcy and gotten away with hiding a few assets. A lot of people think that it's no big deal to hide a diamond ring here, or some gold coins there - but if the trustee finds out (and the trustee will find out) - the consequences can be severe. Learn why you should never hide assets in bankruptcy.
List Everything - Even If You Know You Will Be Allowed To Keep It.
