Dodging Foreclosure! It can be done.

From the Desk of Don Draughn - Debt Counselor - Financial Debt Freedom

I read an article in USA Today Money on Wednesday that I think everyone who is considering Mortgage Loan Modification should read. It shows just how large this problem is and how help can be found. There is a link to the story at the bottom of this post.

One thing that really jumped out at me is the following quote,

"Those who have managed to save their homes remain a small fraction of people at risk of losing their properties. One in every 464 U.S. households received a foreclosure filing in July, according to RealtyTrac. More than 2.2 million foreclosure filings were reported during 2007, up 75% from 2006. The number of homes in some stage of foreclosure was up 79%, indicating that some properties may have just entered the initial stage in 2007 and could be completing the foreclosure process in 2008."

It is amazing to me that so many people are facing losing their homes and are unaware that help is available. Word needs to gotten out. YOU CAN SAVE YOUR HOME!!!!!

If you are facing this terrible dilemma, please pick up the phone and call me. I can guarantee nothing but we will never know until we talk. There is no obligation to anything but there just may be hope to keep you from losing your home to foreclosure.

The article can be read here: Some struggling homeowners find way to dodge foreclosure.

Don Draughn is a Debt Counselor and Manager of Financial Debt Freedom (a debt counseling service). He can be reached at (336) 294-5860.