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How Does Mortgage Foreclosure Work
So you took out your mortgage with every intention of being a responsible homeowner, making all payments on time as well as keeping your homeowner insurance current and your taxes paid.
However, unfortunate things happen. People lose jobs, become injured, incur unexpected medical expenses or have to make a choice between paying the mortgage or repairing the car that gets them to the job that pays that mortgage which is a catch 22. Perhaps the important decision is whether to keep the roof over your head or repair the problem that threatens to bring it crashing down.
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