Released on: September 17, 2008, 11:04 pm

Press Release Author: Donald Morris

Industry: Real Estate

Press Release Summary: Many people in the US are in the peril of losing their home.
Credit crunch has taken a bite in the home loan mortgage. Most of them face the heat
of foreclosure due to delayed payment and everybody feel there's no way out for this
financial crisis. Every problem has a timely solution same goes with the case of
stopping foreclosure.

Press Release Body: 16 September 2008 - Foreclosure is a type of procedure whereby
property pledged as security for a debt is sold to pay the debt in event of default
in payments or terms. A lot of people take home loans to build their dream homes.
But over a period of time only few live up to the reality of repaying these loans on
time. This scenario leads to foreclosure of property due to delay in payment.
Foreclosure is a extreme situation where properties are taken back. Most people
believe it is the end of road but one can stop foreclosure. href=http://www.877youkeep.com>Stop Foreclosure Today has launched a website href=http://www.877youkeep.com>www.877youkeep.com which helps you to protect
your homes from foreclosure. Stop Foreclosure Today helps to provide solution for
foreclosure and save credit before it is too late.

The entire process of stop foreclosure is very
simple. Whenever there's a feeling of a foreclosure or bankruptcy just provide
details to stop foreclosure where they provide a free consultation over phone. This
helps to clear air of unnecessary suspicion about the company and relives you out of
the pain of foreclosure. Once the form is submitted an entire team of experts review
the situation and make a call. The trained professional helps to make clarification
regarding mortgage and possible remedies to the problems. Depending on the situation
they can bring house payment current for less than you owe or modify current
foreclosure loan. Once the phone conversation is over and after collecting critical
data's from customers the next stage is to arrange a face to face meeting.

The second level of process is that the case is passed to professional loss
mitigation staff that will analyze the situation and come out with possible remedial
package to stop foreclosure. Once the customers are satisfied with the package they
precede further. This process can take anywhere from 2 days to 10 weeks.

There are number of schemes or foreclosure
help which the company provides viz. Special Forbearance - is a written
repayment agreement between a lender and mortgagor which contains a plan to
reinstate a loan that has been delinquent for at least 90 days. Mortgage
Modification - customer may be able to refinance the debt and/or extend the term of
their mortgage loan. This may help to catch by reducing the monthly payments to a
more affordable level. Partial Claim - Mortgage Company may be able to work with you
to obtain an interest-free loan from HUD to bring your mortgage current. Selling
Prior To Foreclosure - This will allow selling property and paying off mortgage loan
for less than you owe, to avoid foreclosure and damage to your credit rating.
Deed-In-Lieu Of Foreclosure - As a last resort, you may be able to voluntarily "give
back” property to the mortgage company.

This won't save house, but it will help your chances of getting another mortgage
loan in the future. Do It Yourself - the company has a href=http://www.877youkeep.com>foreclosure helpguide that teaches all of the
tricks and give you

A loan modification helpis a
change that is permanent in one or more than of the original loan terms on the
original mortgage, which allows reinstatement of the loan to stop foreclosure. Loan
modification helps to prevent immediate damage.

The main theme of this company is to avoid bankruptcy and stop foreclosure. A wide
number of experts work round the clock to protect homes from foreclosure. So at the
worse of times there's always someone to help in the form of stop Foreclosure Today.
Log on to www.877youkeep.com to prevent
foreclosure.

CONTACT INFORMATION
PO Box 23711,
Jacksonville,
Florida 32257
Phone : 877-968-5337
Website : www.877youkeep.com

Web Site: http://www.877youkeep.com

Contact Details: Donald Morris
PO Box 23711,
Jacksonville,
Florida 32257
Phone : 877-968-5337
Website : http://www.877youkeep.com