Can Chains and A Padlock Stop the Foreclosure Procedure?

What methods are you using to deal with your home foreclosure procedure?

There is the shocking story of a woman in California who on the final day of her foreclosure process, that is the day the bank was going to really evict her, padlocked the doors and locked her out.

She chose an interesting solution to attempt to stop the foreclosure procedure.

She chained herself to her home.

Can you imagine having to take these desperate measures in these hard economic times?

Do you think chaining yourself to a pillar on the front steps of your home and saying that the bank is going to have to fight you for your home is really a practicial, powerful and workable solution?

To me it is absurd and unthinkable, but I suppose thousands facing a foreclosure crisis are seeking for a solution, and in frustration and desperation this may seem like the only viable thing to do. The challenge is for her — and for everyone else who hears this story and may be contemplating the best action to take to stop the foreclosure procedure — is to realize that this is no solution.

Chaining yourself to your home as a means of stopping foreclosure is unlikely going to solve your problem and stop the foreclosure procedure.

Most likely all it will do is prolong a simple eviction procedure into a painful, long drawn out experience.

What is amazing about this story is that this woman actually works in the business of helping people avoid foreclosure.

Frankly, you would think she would know better.

I don’t know all the details of this story, but I do know one thing, that using such desperate measures on the last day is not the best option. And it is a choice that does not leave you with any real power or solutions.

So here’s what I suggest.

If you want to use desperate measure, first of all, don’t wait till the last day.

Secondly, you’ve got to be able to perform those desperate measures in a way that will bring about some real measurable results.

Thirdly, if you want to really engage in something desperate I invite you to consider what is it that really has you holding onto this home?

So three things in this conversation. First, using desperate measures on the last day just might be too late. Secondly, desperate measures performed before the last day, if done with the right and proper and appropriate plan of action, may very well be effective. Thirdly, consider what is it that really has you staying in this home.

A desperate measure might be to sell or walk away providing you can do it safely without ruining your credit. So let’s look at this briefly for a moment. What is possible on the last day? The day that the bailiff or the police officer comes to evict you from your home. What is really possible then?

Well, not much is possible at that time except to follow through with the eviction and then attempt to buy your house back at the auction.  But if you weren’t able to raise the money all this time to stop the foreclosure it is unlikely that you will be able to raise the money to redeem the property either. That’s why I’m a strong advocate of not waiting until the last moment. So many people are waiting until the very last moment, and they’re just hanging out in their home passing time.  And their most powerful plan of action is something silly like pad-locking themselves or chaining themselves to a post in the home, or barricading the door so the sheriff cannot enter. They’ve invested so much energy in this plan of action, which takes place on the very last day, that they fail to see other possible plans of action that they could’ve engaged in before the last day.

If you are facing foreclosure, there’s one fundamental truth that you must engage in. You must first make a clear decision. That decision is based on you determing is my home worth saving? Do I owe more than the home is worth? Is the market in which this home is declining at a rapid pace, at the end of the day going to leave me with a home with little or no value? Isn’t that a meaningful question?  If I go through the journey of saving this home, am I left with something of any value?

The second question you must face is yes, if I save this home, and all is well and dandy, will I be in a position to pay for this home and keep the mortgage current from now on? Let’s face the facts. Stopping the foreclosure today only to have the foreclosure happen a month or two months or three months later makes no sense. You’re not in the game of delaying foreclosure. You want to stop foreclosure.

How are you going to do that? Well, you’re certainly not going to do it if you wait until the last day, and if your entire plan is about developing the details of how you are going to barricade yourself in the house, how you are going to padlock yourself to the house and chain yourself to the door, that’s a plan that sets you up for failure.

A more proactive plan, a more powerful plan, would be by first exploring do I really want to save this home? Secondly, if I really want to save this home, to keep this home, what steps are necessary? What do I need to accomplish? Do I need more money? Do I need to get a lower loan? Do I need to get a new mortgage? What is necessary in order to save the home? You’ve got to talk that through. You’ve got to have a powerful conversation with your family. You’ve got to have a conversation with your co-workers. You’ve got to have conversations with your bank By having conversations with people about your foreclosure situation you begin to open up your mind and your spirit and your entire world to options that you never thought were possible.

Unfortunately, most when facing foreclosure, seek to keep it a secret. I have spoken to hundreds of people who are in foreclosure.  They don’t even know what stage they are in the foreclosure procedure. Many don’t know what is going to happen next in the foreclosure procedure. Many have done very little to stop the foreclosure procedure. Well staying inside, keeping the doors closed, not answering the phone, refusing the return the bank’s phone calls and not opening the mail does precious little and certainly after doing nothing taking the massive action of chaining yourself to the home is not a very powerful position.

So, by being clear about whether or not you really want to keep the home. Establish a clear understanding of what would be necessary in order to make that a reality. After identifying what would make that a reality being clear about what steps you are going to take to bring about that reality.  You have got to be able to know and identify what steps are you going to take to stop the foreclosure procedure. How are you going to stop the foreclosure procedure?

Here is how I suggest you stop the foreclosure procedure.  First of all, after understanding clearly if you really want to keep the home, and knowing clearly how — the reality that you have to face in order to keep the home, whether to make more money, secure a lump sum of money, get a low modification. It is clear that the first thing you will need to do before the final thing you need to do would be to get somebody who can help you.  Many people who are facing foreclosure seek to face foreclosure all by themselves. They believe that they are all alone in the process of the foreclosure and so they never take advantage of the numerous options or sources, resources available for help.

One such resource that I offer on the foreclosure doctor online site is to partner with the loan negotiator group. By partnering with the loan negotiator group you can find a solution. They offer numerous kinds of loan modifications that they are able to successfully create on your behalf and offer you a powerful way of keeping your home.  First they will have a conversation with you to help you discover what it is you really want to do. If you want to keep the home what do you need to make that happen, do you need a lower payment?  Do you need a forbearance, to walk away?  What do you need to do in order to solve your foreclosure problem today? Then after solving that problem or identifying what you need to do to solve that problem they will offer. Yeah, they asked you to provide the necessary information, necessary documents, and then they entered into an agreement with you where they will go and actually engage in conversations with the bank on your behalf.

They will do so powerfully because they have experience and expertise in this area.  And so you wouldn’t have to face the bank on your own. If you are seeking a loan modification of any kind, they will be able to tell you even before hand what your chances are of getting that loan modification will be. Wouldn’t it be beneficial for you to know ahead of time whether or not you can really get the loan modification you seek? If you want to do a walk-away, you need a deed in lieu.  Cash for fees.  You just want to walk away from the house and the responsibility, and not have the mortgage show up on your credit.

It would be powerful for you to know exactly what steps you need to take, and for you to have someone structure that agreement for you with the bank. All of this can be done, structured, organized, and prepared ahead of time long before the final day, the deadline when you have to leave the home. I

nstead of planning, and investing all of your energy in a plan to chain yourself to the post of your home, I encourage you to contact the foreclosure doctor online today by calling 1-877-336-7001, or fill out a form, click on the loan negotiator link on this site, and fill out one of the forms as completely as possible with all of your information. Somebody will get back to you as quickly as possible to assist you in beginning the process of getting a loan negotiation.

The Foreclosure Doctor Online