Robert D. Paulbeck, Attorney at Law
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What to do if you think you can't make a mortgage payment

In most cases, a person's home is one's biggest asset. Protecting this asset is a top priority. Most people purchase a home only after making sure they can make the payments on the mortgage. Unfortunately, there are instances in which a homeowner might miss a payment.

There are many different things that would make it difficult or impossible to pay for the mortgage. Job loss, injury and illness are three that come to mind right off the bat. In these cases, there wasn't anything that you did to cause the problem, but this doesn't mean that you can ignore the situation.

We understand that you want to find a solution to the problem. There are a few different things that you can do in these cases. The first thing you should do is to contact the lender. Your lender might be able to offer you a solution to the problem, such as a refinance option, that will enable you to keep your home.

If your lender won't work with you, there are other options. For example, you can contact a housing counselor who is approved by the Department of Housing and Urban Development to find out what options they have to offer.

It is imperative that you look into all possible solutions, but you must make sure that you don't fall for a scam. We can help you evaluate the situation and determine if you have any viable options for avoiding foreclosure so that you can continue to live in the home that you love.

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