Common Questions

Q: My credit is bad, am I wasting my time?
A: No. Almost everyone who has fallen behind on house payments have had some credit problems in the past. We help people regardless of credit.

Q: Why did my mortgage company send me my payment back?
A: Once you miss just one payment most lenders will refuse to accept any payment unless it is the entire amount you are behind.
Even if you send a payment, your lender will likely send it back to you causing you to get further and further behind.
Once foreclosure has started your lender will not accept any payment less than the full amount that is behind, including foreclosure costs and legal fees.

Q: What do I do if someone stops by the house?
A: It is possible that investors or bank representatives will come by and look at your house. This is their way of evaluating the condition of the collateral on your mortgage. The bank may be checking that it is not vacant.

Q: How much time do I have?
A: Foreclosure time varies according to state law. In Illinois, a completed foreclosure can take upwards of a year, other states, like Texas for instance, will schedule your home for foreclosure sale just 3 weeks after serving you with notice. Time is no friend when you’re behind. Take steps to get yourself caught up. The longer you wait, the more you pay in court costs, late charges, and attorney fees.

Q: Can NHA help with my other bills?
A: Not directly. We specialize with one thing, catching up your mortgage.

Q: How long does it take for you to complete the case once we fill out all of the paperwork?

A. Your case can be completed in as little as 2 days. Your case can be stretched out up to 10 weeks depending on your situation and financial capability. The length of time for a workout approval may also largely be dependant on the reason for your default.

Q: How successful and experienced is your firm at resolving foreclosure?

A. Our success rate is over 90%. This is largely due to our combined experience in assisting homeowners in foreclosure.ars. The case that is not successful is the situation in which a client does not provide accurate information regarding their current situation (example - bankruptcy, financial data, taxes, or employment).

Q: Do I have enough time to stop my foreclosure?

A. Until the auction occurs there is enough time for a homeowner to stop their foreclosure. TIME IS OF THE ESSENCE, and action should be taken as soon as possible. Under normal circumstances, a foreclosure can be stopped through Foreclosure Assistance's mediation services in approximately 4-6 weeks. For homeowners with a sale date set for their property, the process moves much more quickly. We have even stopped foreclosure the same day we were contacted. Your situation can be resolved up until the day before the sale, but it is highly recommended to act as quickly as possible.

Q: What advantages are there in using National Homeowners Assistance services instead of other mediation or debt consolidation firms?

A. Our track record speaks for itself. Other foreclosure prevention companies may attempt to resolve your situation, but are unsuccessful due to inexperience and lack of market knowledge. When this occurs, you lose valuable time and often cannot ultimately stop your foreclosure in time before auction. National Homeowners Assistance is not attempting to buy your house at a discounted price like many foreclosure scams out there. We are foreclosure mediators and will carefully analyze your financial situation while finding the best solution for you.

Q. Can I get help immediately?
A. Yes. You may apply for assistance right now. Call us toll free at 1-800-893-1080 Ext. 303 for a free consultation!

Disclaimer: National Homeowners Assistance Inc and the authors of this website are not herein engaged in rendering legal or tax advice. The information on this site should not be substituted for legal consultation. A legal professional such as an attorney or other competent advisor should be sought. We have made every attempt to ensure the information on this website has been obtained from reliable sources, we are not responsible for any errors or omissions, or for the results obtained from the use of this information. You are advised to continue seeking every possible solution while we are also working at the same time to resolve your foreclosure with the lender.