Negotiating a loan modification with your bank, seeking forbearance, or pursuing legal remedies such as bankruptcy could halt the foreclosure process.

Falling three months behind on mortgage payments often triggers the lender, usually the bank, to initiate foreclosure proceedings, which can put losing your property at risk.

By negotiating with your lender to adjust your mortgage, you can typically reduce the interest rate, extend your loan term, or adjust your monthly payments.

Placing a mortgage on hold is typically not possible, but forbearance options are possible. If you could prove facing financial hardship, your lender may temporarily pause your monthly mortgage payments.

Upon receiving an eviction notice, seek legal advice immediately. You must understand your rights, and negotiate with your lender to contest the eviction.