CALL TO ACTION I can relate to what you're going through, as I've been there myself. I'm not your enemy here; the lender is. I've been through this before. I came within an inch of losing my house and even the car, and I sure wish I had someone like me to guide me through it. I'm trying to help you. Our experienced team is prepared to help you stop the foreclosure process, but we would appreciate some specific information from you to do so.
You Have FIVE Options in a PreForeclosure
1. Reinstatement - find some new funds to bring it current, if possible. 2. Loan Modification - wrap the behind payments into a new loan. 3. Bankruptcy - this seriously impacts your credit and affects buying a new house for 7-10 years. See Chapter 13 4. Cash Sale - sell quickly and, hopefully, break-even, depending on your equity. 5. Subject to —we take over the note and offer you some cash or moving expenses to start fresh, keeping your credit and integrity. Note: Most people I talked to were confused by the details and awkwardness of foreclosure, so I helped them walk through the Five Options. Each option must be explained, as each has positive and/or adverse effects. I'm not trying to make you more
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