When a homeowner cannot pay for his mortgage, the sad consequence would be a foreclosure. When you know that you are not able to make payments on time, make sure to contact your lender and discuss options with him. However, you can also get help with forecloser from counselors who can help you get over one of the most devastating effects of debt. There are programs available that can stop lenders from taking possession or selling your home. It is your right to own your home. However, when you do not get help, you may lose your chance of saving your home. For more information click here.