Marc Cormier - WHERE DO I TURN? A COMPASSIONATE GUIDE TO AVOIDING FORECLOSURE

• If you’re financially able, you can avoid foreclosure by redeeming your property — paying off the full balance of your loan plus costs related to your late payments and foreclosure. • Either of these methods will require contacting your lender to make arrangements and obtain the amount you need to pay. Plan ahead, and don’t wait until the last minute. • Filing for bankruptcy — which is a last resort — has long-lasting effects on your credit and ability to purchase another house. Consult an attorney before taking this drastic step.