The next institution to consider using is private financiers. The role of a private mortgage financier is to help arrange new home loans. Private mortgage financiers are probably the most useful, however, always be aware of other lenders and investors who don't have your best interest in mind, because typically they are just concerned about where the next profit is coming from and how to better themselves. So be extra careful that your choice of financier does not create an even worse situation for you.
A fifth option to consider is enlisting the help of a Chapter 13 Attorney. If the financial ability to complete a Chapter 13 is available, this option might be a good tool to help save the house from foreclosure. It is a good idea to keep bankruptcy as a last resort, because there is such a perverse effect on the credit rating; not to mention a lot of attorneys will take a case regardless of the hardship. So, keep away from lawyers running firms that offer low fees, because sometimes they allow paralegals to handle the entire case and never really get to know your situation.
Last, but not least is the infamous category of con artists and criminals.
Included in this classification are people who promise to help you keep your home but take your money instead, do not provide any real services, and also people who take your money as an illegal referral fee and pass your name to a bankruptcy attorney. If you're not careful, you might end up penniless and homeless.
So, depended on what you situation is, be extra careful when deciding upon which option for foreclosure assistance to use.
