How to Stop a Foreclosure in Its Tracks: Real Solutions for Real People

If you’re still in the pre‑foreclosure window, there are real options:

• Loan Modification – renegotiate loan terms or interest rates

• Repayment Plan – spread arrears over time

• Forbearance – get a temporary pause if hardship is proven

• Short Sale – sell for less than owed, with lender approval

• Deed in Lieu of Foreclosure – surrender the property in exchange for forgiveness of debt

• Bankruptcy (Ch. 13) – can halt foreclosure and restructure payments

Action Steps:

1. Gather your documents (paystubs, bank statements, loan statement)

2. Reach out to your lender and ask for a “loss mitigation package”

3. Seek counseling from HUD‑approved agencies—or reach out to Mercy Management early

4. Remember: lenders often prefer working with you rather than foreclosing

We’ve helped countless clients reverse or pause the foreclosure process—saving their credit, their dignity, and sometimes their home.