Filing Chapter 13 to keep the house may be one answer, but look to a mortgage modification first.
Mortgage modifications are laden with limits. If you don't qualify, try one of these options.
The lender offers a mortgage modification that you didn't request. Should you accept it?
Reduce payments by shrinking the mortgage balance with a lump sum, then recasting the loan.
Denied a HAMP loan modification? Now the mortgage lender must reveal data it used.
A key part of securing a mortgage modification is a hardship letter. Here's how to write one.
Who should you call when you're behind on your mortgage?
How do you choose between a loan modification and walking away? Consider these points.
A loan workout can be the last, best hope of avoiding foreclosure. But you need a good plan.
A mortgage loan modification can prevent foreclosure but inevitably will damage your credit.
Getting a mortgage loan modification takes work. Experts suggest tips that can lead to success.
Get the details on the homebuyer tax credit.
The rules for a mortgage modification have changed. Do you qualify for a lower house payment?
How can you benefit from the homebuyer tax credit?
If you don't qualify for mortgage modification, forbearance is a good defense against foreclosure.
An audit may find the lender to be at fault, but not necessarily amenable to a loan modification.
Need a home loan modification? In June, homeowners must provide financial documents upfront.
If the dreaded "f-word" -- foreclosure -- has disrupted your life, here are four choices you should explore.
Lenders use NPV to decide if a homeowner can modify loan -- but don't reveal the calculation method.
The buyer can try to recoup costs in his attempted home purchase, but may have to file a lawsuit.