The dos and don’ts of a foreclosure filing

26838604 - small clapboard siding house  view of porch with bench and walkwayIf your house has been foreclosed on, you don’t need to panic. It can be a financially troubling time for you and your family, but our experts can help walk you through the process. This list of what to do and what to avoid is a good place to start.


  • Find out how foreclosure works: As foreclosure experts in the state of Utah, we can help you understand the process and walk you through what you need to do. If you’ve never faced foreclosure before, it’s important to be educated on the process.
  • Contact assistance programs about alternatives: Some foreclosure alternatives, like a loan modification, short sale, or deed in lieu of foreclosure, might be options, depending on your situation. You should find a HUD-approved housing counselor to assist you.
  • Contact your loan servicer: If you know you’re going to fall behind on payments or have begun to make late payments, call your loan provider or servicer as soon as possible. They may be able to work out an arrangement for forbearance or another repayment plan. Many banks want to work with customers to help find a solution that can allow them to keep their homes and allow the bank to continue to receive some payment on the loan. Foreclosure is often a lengthy hassle that most financial institutions will to work to avoid.


  • Ignore letters or calls: Ignoring foreclosure will not make it go away, and it also won’t buy you any more time. If your financier or court calls or sends mail, make sure to address it. It’s key to help you know what’s going on in the process.
  • Wait until the last minute: If foreclosure is looming, you need to act fast to either save your home or prevent further financial impact. You’ll have more options the sooner you reach out for help. Foreclosure is stressful and you don’t have to do it alone.
  • Make payments to anyone except your lender: Don’t believe anyone who calls saying that payments need to be re-routed to them during the foreclosure process. Don’t pay any fees to any “rescue” companies that say they can prevent foreclosure. Only work with an attorney, your lender, a foreclosure mediator, or court personnel.

Foreclosure isn’t a foregone conclusion. We can help you fight it. Reach out to our expert team ASAP so we can help you stay in your home or find you the best option possible.

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