The family home is typically the most valuable asset for most Hoosiers. Losing your home - or even the possibility of losing your home - is stressful, painful, and can have lasting emotional and economic effects.
If you wonder if you will be able to make next month's mortgage payment; if you fall behind in your mortgage payments; if the bank has filed to foreclose on your home; or even if the sheriff's sale has been scheduled, you still have options and choices to make. Of course, not everyone will have the same options or experience the same results. However, you need to know what your
rights are as a homeowner, what happens during the
foreclosure process, and what
foreclosure alternatives are available to you. Of course, you then have to
decide what to do, and do it.