Do you want to stop or delay the foreclosure?

Through the five strategies below you may be able to save your home or walk away from it without owing the bank anything.


1 Foreclosure Defense: Has the bank followed the proper steps in pursuing their claim? You may have defenses to their lawsuit and a claim against them.


2 Mortgage Modification: Eligible candidates can refinance their mortgage into a lower interest rate loan with smaller payments.


3 Short Sale: If your home is worth less then what you owe you may be able to walk away from it without owing the difference.


4 Deed In Lieu: Give your home to the bank in lieu of actually going through the foreclosure process. Some banks will give you $1,000 to avoid a costly foreclosure.


5 Bankruptcy: Chapter 13 bankruptcy can be used to give you 60 months to repay the mortgage payments you missed. It can also be used to eliminate your second mortgage if your house is worth less then what you owe on the first mortgage.

• Overwhelmed? Call (608) 829-1112 for free, experienced, professional advice.