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July 2019 Archives

Can you stop a foreclosure once your lender initiates it?

During the foreclosure process, your lender can take your home and repossess it then put it up for sale in an attempt to recover the debt that you owe them. If you've been notified by your lender that they plan to foreclose on your property, then you may assume that you can't save your home. This isn't true though. You still can negotiate with them up until it's sold.