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Tips to avoid a foreclosure

Foreclosures don't just happen to people with bad credit and reckless financial histories. Even the most well-prepared homeowner can get into serious trouble with banks from a sudden crisis -- the loss of a job, an illness, another child, or a divorce. No matter the reason, here are some steps to avoid a home foreclosure once you've received notice, compiled from Bankrate and John LeBlanc, a certified financial planner with Modera Wealth Management in Boston.
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Foreclosures don't just happen to people with bad credit and reckless financial histories. Even the most well-prepared homeowner can get into serious trouble with banks from a sudden crisis -- the loss of a job, an illness, another child, or a divorce.

No matter the reason, here are some steps to avoid a home foreclosure once you've received notice, compiled from Bankrate and John LeBlanc, a certified financial planner with Modera Wealth Management in Boston.

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