The following publication is reprinted with permission from Consumer Action.
Foreclosure is the legal process that your mortgage lender uses to take your home when you fall behind on your mortgage payments.
If you are faced with foreclosure, you can work to save your home—or at least limit the financial damage caused by foreclosure—if you understand your options and take the appropriate steps.
This brochure was created by Consumer Action’s Housing Information Project. © 2007 Consumer Action. Rights Reserved.