Options to
avoid Foreclosure

FREE information to help you discover what options you have. This is not financial or legal advice. We believe this information is useful for individuals who may not be familiar with the foreclosure process. Call us at 310-243-6812 - we are on your side.

Who are we and what's in it for us?

We have watched family and friends go through a foreclosure and had their homes taken away by banks and other companies. LA County provides information on their site: https://dcba.lacounty.gov/portfolio/foreclosure/ but we wished we had someone with more knowledge that could have showed us how to go through our options. 

We volunteer our time to help families understand their options because we care about what happens to you. To us, you are not a homeowner, a borrower or a client - you are our neighbor and part of our community. You deserve to have as much information as possible to try and keep your home. 

Call us at 310-243-6812

How does the foreclosure process work?

This is California's process for foreclosure. The process starts with a Notice of Default and can take several paths depending on your situation. The length of time this process takes also depends on your unique situation. In the worst case scenario, the bank or lender takes the house and may sell it to recover the money owed (foreclosure). We are here to help you with free advice on how to manage this situation.

What is a Notice of Default?

This is a document usually sent from a lender. It is a warning sent potentially because a payment was missed. The Notice of Default typically includes information about the specific payments that were missed, how much is owed, and a deadline by which the borrower (you) needs to catch up on their payments to avoid further consequences. The Notice of Default starts the process that is shown above.
If you are asking yourself, what can I do about it? We are here to help answer any questions you have for FREE to help keep your home.

What are your options to prevent or stop foreclosure?

Find more information here on the LA County website: https://dcba.lacounty.gov/portfolio/foreclosure/

How will a foreclosure affect your credit?

Having a foreclosure on your credit history can affect your future in the following ways: 

• May negatively impact your credit history for up to 7 years.

• May be offered less favorable interest rates by lenders.

• These factors may negatively affect your ability to qualify for another home loan, a car loan, apartment rental or some jobs.