Common Questions

Q: With bad credit should I even bother to contact someone?

A: Yes. Most homeowners who have fallen behind on house payents have experienced some credit problems in the past. We will provide assistance regardless of credit present or past.  We can repair credit over time and get you back on your feet fast!

Q: My mortgage company sent back my payment, Why?

A: Many lenders will refuse to accept any payment unless it is the entire amount you are behind (including late, collection & legal fees) once you miss just one payment.  The difficult part is sending it back to you often causes you to get further behind.  Once foreclosure proceedings have started your lender will not accept any payment less than the full amount that is in arrears, including foreclosure costs and legal fees.

Q: Someone stopped by the house, what is happening?

A: Lenders & investors often have representatives perform a site inspection to evaluate the condition of the property and verify occupancy.  Don’t be intimidated.

Q: We are behind on payments, do I have much time before foreclosure?

A: Foreclosure time varies according to your state law.  Time is not your friend when you’re behind on payments. You need to take action now!.  We will help you and you may avoid foreclosure procedures from starting or stop the foreclosure if its already begun. The longer you wait, the more you will pay in court costs, late charges, and attorney fees etc...

Q: Do you provide help with my credit card bills or auto loans?

A: Not directly. We specialize with one thing, bringing your mortgage current and stopping foreclosure.

Q: How long does it take for a case to be completed, once I am approved?

A. Your case could be completed in as little as 2 days or stretched out up to 10 weeks depending on your financial situation. The length of time for a workout approval may also largely be dependant on the reason for your default.

Q: Can you really resolve my foreclosure?

A. The rare case that we can not resolve is the situation in which a client does not provide accurate information regarding their financial situation (example - bankruptcy, financial data, taxes, or employment).

Q: Is there time to stop my foreclosure?

A. Until the auction occurs there is enough time for a homeowner to stop their foreclosure. TIME IS OF THE ESSENCE, and action should be taken as soon as possible. Under normal circumstances, a foreclosure can be stopped through Foreclosure Assistance's mediation services in approximately 4-6 weeks. For homeowners with a sale date set for their property, the process moves much more quickly. We have even stopped foreclosure the same day we were contacted. Your situation can be resolved up until the day before the sale, but it is highly recommended to act as quickly as possible.

Q. Can I get help immediately?

  A. Yes. You may apply for assistance right now.

Call us toll free for a free consultation!