The first two parts of this blog series in Dealing With Foreclosure focused on preventative action, as well as advice on entering the mid-stage of foreclosure. If you are unable to find any solutions for avoiding foreclosure, and you have even sought out Foreclosure Counseling services, then it might be time to start thinking about a foreclosure attorney.
The Late Stage of Foreclosure
Remember, hiring a good foreclosure attorney is critical. This is not the time to bargain hunt. You want to make sure you get the very best deal out of the foreclosure process. Get an attorney that has experience, resources, and cares about you.
However, you want to make sure you keep your spending under control during this time. Keep your spending in check, and not only will you be proud of yourself for doing so, but you’ll also have more money for spending on the things that really matter during this time (like healthcare and housing).
Also, don’t forget about bankruptcy. Of course, this should be your last option. But, if you have multiple debts that impose an unbearable financial hardship, filing for bankruptcy can be a great way to wipe the slate clean. Plus, you’ll be able to say in your home while you’re under the protection of bankruptcy!
Lastly, the U.S. Department of Housing and Urban Development has this list of foreclosure tips that might prove to be a helpful resource for you during this time. Be sure to reference this list for some helpful resources that are not included in this post.