I don't agree that it is difficult or impossible to stop foreclosure, even if you have lost your job or if your source of income can't meet up with the monthly premium payments.
This article looks at two very simple but highly effective ways to stop foreclosure by using dialogue and good negotiating skills.
1.
Talk to your mortgage company before they begin the process: While many people think the mortgage companies enjoy foreclosing on their homes, this is not true with many of the lending or mortgage companies out there.
If you present a good case they are willing to listen to you and help you stop the foreclosure, even before it begins.
2.
Renegotiate the terms of your mortgage: If your job now pays less or your source of income is not high enough per month to continue with your premium payments, then present this true picture to your mortgage company and work with them to renegotiate the terms so that they come up with what you can repay monthly without too much stress on your parts.
Many of the mortgage companies have humans at the helm of affairs who understand what you might be going through and they are more than willing to help you, if you will talk it out with them.
As you can see, it can be easy to stop foreclosure, if you really know what to do and are willing to do it.
If you have any doubts about these ways, meet with and talk to any financial expert, especially one who is skilled in matters of foreclosure and mortgages.