You adjusted your budget, picked up a part-time gig in Maryland and sold a few of your belongings, but you cannot catch up on mortgage payments. Foreclosure looms in the distance, and you do not know what to do. Get tips on avoiding foreclosure from the U.S....
Foreclosure
Foreclosure
How can Chapter 13 protect your home from foreclosure?
Bankruptcy saves many people from outstanding debts. When you feel like you are suffocating under the weight of your debt and if your home is on the line, you need a way out. If you face foreclosure but still have a stable income, then Chapter 13 bankruptcy may help...
What documents will I receive during the foreclosure process?
A foreclosure is when your lender takes back ownership of your home due to nonpayment of your mortgage. It can happen quickly and is more likely to occur when you fail to communicate with your lender. There are many chances over the course of the foreclosure process...
Options people facing foreclosure may use to keep home
People’s homes in Maryland are very important to people and are usually more than just the roof over their heads. In order to keep these homes though people must continue to make their mortgage payments each month. Generally, people do this as well, however, sometimes...
What happens when the COVID-19 forbearance is over?
There's no doubt that COVID-19 has taken a financial toll on our country. Millions have lost their jobs, thrusting many of them into a dire financial predicament. If you're in this position, then the steps the federal government has taken to provide relief might...
Mortgage forbearance may provide relief
The US economy, which lost 20 million jobs last month, has made keeping up with mortgage payments even more challenging for many homeowners in Maryland. Forbearance, under certain circumstances, may be a reasonable option to prevent mortgage foreclosure. With...