What kind of help can I get to avoid a foreclosure auction?

If you are facing a foreclosure auction in North Carolina, there are organizations that can provide you with assistance. The North Carolina Housing Finance Agency (NCHFA) offers several different foreclosure prevention programs such as the Foreclosure Prevention Program or the FHFA Refinance Program that can help you keep your home. One of the most powerful tools that North Carolina has to help homeowners is the Foreclosure Defense Law. This law helps homeowners who are facing a foreclosure auction by allowing them the right to bring a legal action to correct any wrongful foreclosure proceedings. A legal action can be taken against a lender if they fail to follow proper procedures or if they are participating in fraudulent or deceptive practices. This law also provides for financial compensation to those who have been victims of wrongful foreclosures. In addition to legal actions, there are also other options available to those facing foreclosure in North Carolina. The NCHFA offers counseling and loan modification services to help homeowners work out a payment plan with their lenders. This allows them to make payments over time rather than having to pay the full amount up front. Additionally, the Department of Housing and Urban Development (HUD) offers several foreclosure prevention programs that can help people stay in their homes. Overall, there are a variety of resources available to help people facing foreclosure in North Carolina. The Foreclosure Defense Law is a powerful tool that can help homeowners defend themselves against wrongful foreclosures. Additionally, the NCHFA and HUD provide counseling and loan modification services that can help people work out a payment plan with their lenders. With these resources, homeowners can avoid a foreclosure auction and stay in their homes.

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What kind of help can I get to avoid a foreclosure auction?

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