You may also want to look into completing a short sale. You should speak to your attorney about the possibility of filing for bankruptcy to potentially save your home or at least allow you a fresh start without the dark cloud of debt hanging over your head.
Now is the time to start looking for your next place to live, because it can take a while to find a suitable rental, especially with a low credit score. While you may win your foreclosure case or get a last-minute loan modification, it is time to face the realities of your situation and get a head start on the next phase of your life.
Gary M. Singer is a Florida attorney and board-certified as an expert in real estate law by the Florida Bar.
©2013 Sun Sentinel (Fort Lauderdale, Fla.)
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