Foreclosure – Don’t Panic You Have Options

The following is a list of 7 options that you can utilize in the case of a foreclosure.

1. Negotiate a workout with the lender with the help of a free housing counselor;

1515 Market St Ste 1325
Philadelphia, PA 19102
Phone: 215-563-5665    Fax: 215-563-7020
Toll-Free: 800-989-2227
Type of Counseling:
Default/Foreclosure Counseling, Rental Counseling, Prepurchase Counseling, HECM Counseling

2. Reinstate the existing loan by making up the missed payments, plus costs and interest;

3. Refinance the entire loan;

4. Arrange a short sale or deed in lieu or foreclosure;

5. Arrange a reverse mortgage if you have enough equity and are 62 years or age or older;

6. Delay the foreclosure sale by filing for Chapter 7 or Chapter 13 bankruptcy;

7. Fight the foreclosure in court and either stop or delay it.

Stephen M. Dunne, Esq.
Dunne Law Offices, P.C.
(215) 854-6342
1500 JFK Blvd, Two Penn Center, Suite 200
Philadelphia, PA 19102


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