Are you facing foreclosure on your home? Do you feel trapped in a hopeless situation? If you're like thousands of other American homeowners struggling today, not knowing where to turn as you contemplate the uncertainties of losing your home, keep reading as you'll find some very helpful resources on this site that can help you fight back.

(If you're active duty military see the information at the bottom of this page...)

You are not without options. The most important thing anybody trying to avoid foreclosure can do is educate themselves on their options and their rights as a homeowner.

The information and videos found here are aimed at helping anyone who's trying to prevent foreclosure on their home gain an understanding about their options. If you're one of the unfortunate souls facing foreclosure today the key to claiming your victory is to understand that no one will fight harder for your interests than you will. Do not take it lying down! Educate yourself about the situation and the options, then take action like a bull dog after a bone. If you don't believe that just watch the video at the right and I guarantee it will be a catalyat for developing a tenacious attitude...

Some Nasty Business in the Mortgage Servicing Industry...

This video shares some disheartening information about some nasty players in the home finance industry and it probably makes you just as angry as it makes me. Unfortunately it's true that it only takes a few bad apples to ruin the whole bunch. Remember though, not all lenders are like that. If your mortgage was serviced by one of the companies mentioned in this video you need to be aware of what your situation is. Many more homeowners being affected today did not have a company servicing their loans like the ones mentioned here and will have a much easier time dealing with their lender.

You Do Have Options... The Next Video Gives Us a Great One...

You'll find some very good resources for developing an action plan to avoid foreclosure here: Discover How You Can Stop Foreclosure Now...

Even if your mortgage was serviced by one of those companies and you're in a tough spot trying to avoid foreclosure you still have options. Many resources exist and can offer insight into how to navigate through your situation. It's up to you to do the research. Your success in dealing with the circumstances of your situation will be equal to the effort you personally put into it.

The next video will offer some great insight in stopping foreclosure, especially if you're stuck with a loan servicing company like those in the last video... But first, If you or someone you know is facing foreclosure and is currently an active service member of the United States Armed Forces, or has been within the past 90 days, special assistance may be available to you. Please see the information at the bottom of this page that may apply to these situations.

Pease remember that every situation is different and yours may have certain elements that create a unique circumstance. I urge you to explore all of your options. The information found here has been helpful for many people but is not intended in any way to be a substitute for legal counsel for any situation. While the information outlined here has produced an awareness of the options available to many who were facing foreclosure, it is still just information. Even after discovery of any available options for your situation through any of the material listed here, I urge you to seek the advice of one or more qualified professionals that can become familiar with your circumstances and offer insight as to your best course of action.

Resources for Military Personnel Facing Foreclosure

(A list of helpful links for military personnel follows this article)

The numbers suggest that areas of the country with higher percentages of armed forces personnel represent a larger number of real estate owners working to prevent foreclosure on their property; a 4 to 1 ratio has been documented against the nation's average.

Many conclusions could be drawn as to why this is so. The unfortunate truth, however, is that military families were viewed as easy targets in the subprime lending assault over the last ten years. They were easy subjects; frequent relocations, overseas assignments, and low pay meant they were more likely to have weak credit ratings.

The first few years of low rates and easy terms in this category of loans made them more attractive to members of the armed services than the traditional route of a Veterans Administration loan. In fact, at the peak of the U.S. subprime lending, the number of new VA loans fell to their lowest level in twelve years.

In light of this, it’s not surprising that a significant number of military families are being lost in the subprime mortgage collapse. A lot of them are now searching for options in working with the fallout.

The Servicemembers’ Civil Relief Act (SCRA) is one thing worth exploring to stop foreclosure. It was drafted to protect soldiers and sailors from forclosure on their house for default on loans while they are on active duty. There's also a provision to protect them for up to 90 days after coming back from an assignment.

The power of this act in helping service members stop foreclosure is quite simple; If covered under the SCRA, a court ruling must be made before a foreclosure sale or seizure can occur to your house. Service men and women can ask for a court delay and be issued a 90 day adjournment. If the court denies the delay request, an attorney must be appointed to represent the service member in absentia.

If the lender forecloses without a court order, the sale is invalid. If a foreclosure sale was conducted lawfully, there still remains a course of action. Foreclosed property can’t be seized until the service member completes active duty. In addition, the SCRA grants service men and women the right to revisit a default foreclosure judgment that was issued during active duty and also gives them the right to ask that it be overturned.

The list of those qualifying for protection to prevent foreclosure on their home under this bill is very inclusive; it includes any member of the Navy, Marine Corp, Air Force, Army, and Coast Guard. It also includes National Guard members who were called to active service during a national emergency and authorized by the President or Secretary of Defense for more than 30 consecutive days.

In addition, it includes members of the public health service, commissioned corps of the National Oceanic and Atmospheric Administration and citizens ordered to report for induction under the Military Service Act. Those serving with the Allied Forces are also covered under the act.

If you're a veteran or family member of a military individual facing foreclosure, don't waste any time as you do have alternatives. We encourage you to spare no effort in investigating all of them. Do not perceive the information on this page as legal counsel concerning your rights. We strongly encourage you to speak with a professional that can give you accurate advice about your exact circumstance.

In addition to the insights covered here a lot of other helpful e-books are available to assist a home owner stop foreclosure on their property. The links on this page will guide you to some of those books. Again, we urge you to investigate all of your choices.

Information about the SCRA and how it could benefit your situation can be obtained by contacting the Judge Advocate General’s office at your local military base or the local Veterans Administration regional office.