Last updated: May 2008
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Mortgage foreclosure is the sale of your house by your lender when you do not make your loan or mortgage payments. This video describes ways to avoid foreclosure. It includes options that may allow you to keep your house if you can work out an agreement with your lender. It also covers other options, such as bankruptcy or selling the house. The four videos linked to below give more information about foreclosure, including:
The mortgage foreclosure videos were funded by The Chicago Bar Foundation Young Professionals Board, and additional funding was provided by the American Bar Association Young Lawyers Division from a grant by the American Bar Association Fund for Justice and Education.
For a list of organizations in your area that may be able to help you, enter your zip code.
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