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There are over 9 million single mothers and 2 million single fathers in the United States. Within these numbers, an astonishing 60 percent are living on or below the poverty line. Much of that is attributed to childcare. Single parents who work full time find themselves spending 40% of their income on childcare. Most single parents work minimum wage jobs. Between childcare, transportation, food and shelter it’s no surprise many parents are in danger of being evicted. At times, parents find themselves at a point where they need to make...

Ok, so the worst case has happened, you can’t pay your mortgage and you’ve missed two payments. You’ve been given a Notice of Missed Payment letter (1 missed payment) before and you’ve now been given a Demand Letter. See our previous article about understanding the process of foreclosure so you know where your stand. You don’t have any way to come up with your payments directly for the foreseeable future. So what to do? Well, one option you have is to STAY IN YOUR HOME DURING THE FORECLOSURE PROCESS. You legally can’t...

There’s actually quite a few steps involved with the whole foreclosure process, from the first missed payment till the actual time the house is sold and the eviction notice posted to any residence living there. If you are facing the possibility of foreclosure, it’s a good idea that you understand the whole process. You can actually stay in your home during the entire process and only must vacate several days after the actual eviction notice is posted. This whole process can take months, and in some cases where the courts are...

The first thing you need to do is have some basic information about the foreclosure process, your loan, and a basic plan of attack.Know the foreclosure process. First off, we should look at the Foreclosure Process Itself. You should read our article about understanding the foreclosure process so you know what happens when you miss the first payment till the actual end of the process when the eviction notice is posted on your home. Know your mortgage type. Make sure you completely understand what type of mortgage you currently have. This...