Foreclosure is a common fear for those in debt trouble. It shouldn’t be.
Tuesday, January 5th, 2010Foreclosure is a common precursor to bankruptcy. More often than necessary, it happens before a family really knows where to turn for help.
Worse yet, those who lose their home in foreclosure continue to spiral into debt and end up filing bankruptcy long after it could have been used to help save their home in addition to relieving them from the agony of overwhelming monthly credit card bills and other debts. Fortunately for many citizens of North Carolina, a foreclosure prevention program has become a model for the nation and to date has assisted more than 2,500 of us from having to give back the property we worked so hard to obtain.…