If you are serious about avoiding foreclosure the worst thing you can do is ignore the letters and the problem. The more payments you miss the more difficult it will become to resolve the problem and loosing your house will become more likely.

So make sure you contact your home lone mortgage lender as soon as you become aware that you have a problem. There will be options available to you to help you through your financial difficulties and mortgage lenders really do not want your house, they would prefer that any financial problems are resolved. Some of the options are home loan mortgage refinancing and loan modification but there may also be alternative options.

Open and read all correspondence from your lender, apart from anything else the information provided may include suggestions for avoiding foreclosure. You are also likely to have any proposed legal actions against you outlined and you need to be aware of these, not opening your mail cannot be used in your defense or as an excuse if you end up in court.

Take the time to read and understand your loan documents so you know what your lenders procedures are if you do not meet your repayments. Also be aware that foreclosure laws and time frames are different in each state so find out what the rules are in your state, you can inquire at the State Government Housing Office.

If you need further help and advice you can contact a HUD approved housing counselor, this service is usually free and you can Find a Counselor near you using this link.