Foreclosure is never a situation you want to find yourself in, but you can try to delay the process or ask for a loan modification so you can keep your home. If all else fails, though, you may have no alternative but to file for bankruptcy. By doing so, you will benefit from an automatic stay, which immediately halts all your debtors’ collection efforts. More importantly, you get to keep your home at least until the bankruptcy case is discharged in court. Read more ›