How can i stop them from foreclosing on my house?

Elinore
The bank says they are looking over the loan to refinance. But I got a letter the same day I called the bank, from a lawyer ready to foreclose.

Abbey
You can ONLY stop foreclosure with the agreement of the lender involved, and I'd venture they will agree if you pay what you owe, including late charges and attorney fees. You can file a bankruptcy action to temporarily halt the process, but it will continue again after the bankruptcy proceedings are completed.

Crissy
Of course the best way is to catch up on your payments. However, if that's not possible the only other way is to file bankrupcy. That costs money too, though. Once you call your lawyer and ask about the bak-nkrupcy and pay him a down payment to get the bankrupcy started they cannot take your house or make you move. You will not go to court until the lawyer is paid in full. You can keep some things when you file bankrupcy if you have the income to make the payments on it.The judge makes that decision. If ou have a job and your house is within your means he will let you keep it. You can file on all the other things you owe. If its a secured loan you and you file on it you have to give up the property. Call your lawyer now before you lose your house.

Guy
Generally speaking, the lender does not want your house back - especially in today's market conditions. Is the letter from the attorney a demand letter stating you have 30 days to bring current or does the letter state a foreclosure date? If it's the 30 day letter, you have at least 30 days before foreclosure, which should be enough time for your lender to refi, if they're going to. If it states a foreclosure date, then obviously the lender refinancing has a date it must happen by. Keep in mind that if the lender foreclosing is the same lender that's going to refinance, then they have the authority to postpone or cancel the sale. Be sure to get any verbal agreements in writing from lender.Also, look into your states laws. Are you in a judicial state (this means foreclosure takes longer) or are you in a deed of trust state (this means foreclosure can happen quickly)? If you arm yourself with information, at least you'll make educated decisions. You could also contact a local real estate office and see if they have any Realtor's who specialize in foreclosures - that person(s) would be a wealth of information.

Sondra
pay the mortgage payment.