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

Foreclosure defense law can provide help for those in Pennsylvania who are struggling to keep their home out of foreclosure. Depending on your individual circumstances, there are a number of ways you can look to prevent your home from going to a foreclosure auction. First, you may be able to work out a loan modification with your lender. This could include a modification of the principal, interest rate, or loan term, among other possibilities. You may also be able to pursue forbearance with your lender, which is an agreement to temporarily reduce or suspend your mortgage payments while you figure out the best way to move forward with your mortgage. You could also look into a short sale, in which you agree to sell your home for a price less than what you owe on the mortgage. This option is beneficial for those who are unable to continue making payments but want to avoid foreclosure. Finally, you may be able to take advantage of a deed in lieu of foreclosure, in which you surrender the property to the lender, who then forgives the debt and releases your from your obligation. No matter what option you pursue, it is advised to hire a qualified attorney who is knowledgeable in foreclosure defense law to help you navigate the process. The attorney can help you look for the best possible solution and provide invaluable guidance throughout the process.

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