The Foreclosure Survival Guide - 10th Edition by Amy Loftsgordon & Cara O'Neill (Paperback)

About the Book

"This book is for homeowners who can't make their mortgage payments paymvides a thorough, easy-to-understand, compassionate look at the foreclosure process and available options so that homeowners can determine if they should give up their home, file for bankruptcy, fight the foreclosure, or explore loss mitigation options (foreclosure alternatives)"--

Book Synopsis

Facing foreclosure? Put together a plan. Take action.

If your home is in foreclosure, you don't have time to waste. You need to know your options and The Foreclosure Survival Guide can help. You'll learn how to:

• determine whether you should try to keep your house


• find loss mitigation programs that could help you save your home


• apply for mortgage relief from your lender


• avoid foreclosure rescue scams


• bring your loan current in Chapter 13 bankruptcy, and


• if you can't stay in your home, avoid unnecessary costs by filing for Chapter 7 bankruptcy.

This edition offers valuable and practical guidance, including an explanation of the 120-day foreclosure waiting period before the process starts and how other federal laws can protect your home from foreclosure. You'll also find information on foreclosure procedures, potential tax consequences, and more.

In addition, this updated edition includes information on property tax foreclosures and how to deal with "zombie" second mortgages.

Review Quotes

"...evaluate your options and make smart choices." Publishers Weekly

"Straightforward and timely." Library Journal

"Loftsgordon suggests how to think about foreclosure and provides a number of pathways and options that people facing foreclosure can choose according to their own individual circumstances and where they live. For those who want to keep their home, she says, the best option is to work something out with the mortgage lender that will satisfy both parties. For those who are ready and willing to leave their home, she explains ways to follow a path that will leave them relatively flush rather than destitute. An appendix provides information about each state.." Eithne O'Leyne, Editor Ringgold, Inc. ProtoView

From the Author: Foreclosure can be an intimidating and scary experience. The stress of potentially losing the family home can drive people to make mistakes, either by doing the wrong thing or failing to act at all. Your actions are vitally important if you want to keep your home, or at least get through the process with as little anxiety as possible. This book is loaded with tips on what to do--and what not to do--if you're facing a foreclosure.