iGive2U

iGive2U is your helping hand around the world

Foreclosure Suspension

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F
Foreclosure Suspension

Unforeseen misfortune happens to nearly every one of us at different seasons in our lives. Most people would never imagine that their position on their job, or the company itself would ever be eliminated. The unexpected loss of income and the inability to pay their mortgage payment is real. By you giving to the Foreclosure Suspension category today you can give a family a little more time to get on their feet.

F, Family, Housing

Description

Description

Foreclosure suspension is stopping the process by which a homeowner’s rights to a property are forfeited because of failure to pay the mortgage. If the owner cannot pay off the outstanding debt or sell it via short sale, the property then goes to a foreclosure auction. If the property does not sell at auction, it becomes the property of the lending institution. Foreclosure suspension provides support to halt the process of a homeowner losing their home to foreclosure.

iGive2U | iGive2U is your helping hand around the world