Chapter One - Introduction to Foreclosure -There are a number of different events and situations that lead homeowners to the brink of foreclosure, including an unexpected line of work loss, or even out a severe medical troubles. However, a number of other actions, even out simply choosing the wrong variety of loan when you purchase your home can as well send you into similar dire financial territory. If you should happen to take on a riskier loan, even out if you do not have to pay a lot of income right from the start, you can find yourself facing foreclosure, especially if the interest rate on your loan is a variable rate meaning that it can go up when interest rates increase every year.It does not truly matter what the accounts are for your dire financial complications. What does matter is that all is not lost. There are selections and choices available to you that are well worth trying. You still may be able to save your home, by filing for bankruptcy, or re negotiating your mortgage. If you want to try to save your home by avoiding foreclosure, then you will benefit from reading the entire book.Keep in mind that avoiding foreclosure is no picnic. You will have to work tough, and be patient, but it is quite possibility for many men and women to do so above all else: Do not throw up.