For South Carolina homeowners, not being able to make mortgage payments is often a frightening experience. It is one thing to have to go to court over an unpaid credit card bill, but the possibility of losing one's home can cause significant anxiety.
Unfortunately, the paralysis that can result from being faced with foreclosure is often a homeowner's worst enemy. While a threat of foreclosure does not mean that it will actually happen, it is important for the homeowner to act quickly. There are several options,, some of which can save a person's home and possibly even reduce monthly payments. There is usually a time limit, however, which is why homeowners should seek assistance as soon as they start to have trouble making payments.