Understanding Foreclosure and How Rising Tide Can Help
Foreclosure is a legal process where a lender seeks to recover the balance of a loan from a borrower who has stopped making payments by forcing the sale of the property used as collateral for the loan. For many homeowners, facing foreclosure can be a stressful and overwhelming experience, as it threatens their financial stability and the security of their home. However, it’s important to understand the foreclosure process and explore the options available to avoid or mitigate its impact.