unemployed unable to pay mortgage being sued for foreclosure was advised to retain an attorney what happens next?

Question

unemployed unable to pay mortgage being sued for foreclosure was advised to retain an attorney what happens next?

Answer

Depends on what you want to do with the house and what you can afford. If you want out, you can talk about a deed in lieu, or a short sale. If you want to stay, you can talk about a forbearance, refinance and/or modification.

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