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If you are entering the stages that can end in foreclosure on your home, the most important thing is to get to work on it, now. Yes, it is painful, but if you can endure a little bit of pain now, you will avoid a great deal of pain down the road. A foreclosure on your credit report will prevent you from getting a home loan from a bank for at least three years. You have options

Here are the steps in the foreclosure process that you want to stop, the earlier the better Learn How to Avoid Foreclosure 

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Hi Andrey,

Informative thread.

Here are some alternatives to stop foreclosure:-

1. Sell your home.
2. Consider a short sale
3. Sign a Deed-in-Lieu of Foreclosure
4. Consider bankruptcy to stop foreclosure

Thanks!!

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