San Mateo, CA (PRWEB) February four, 2009
With U.S. property foreclosures approaching an all-time high, Ethan Ewing, president of totally free on the internet consumer portal Bills.com, cautions homeowners to learn about and cautiously weigh their options if their mortgage is in problems.

Foreclosure proceedings threatened two.3 million Americans final year, an 81 % increase over the earlier year. A lot more than 860,000 residences have been repossessed in 2008, and those numbers will likely enhance about 18 percent this year.

“In addition to unemployment figures and job losses that have enhanced substantially in current months, and the ongoing credit crisis that limits homeowners’ ability to refinance, the danger of losing a property is a true a single for millions of Americans,” said Ewing. 
Those who are facing achievable foreclosure ought to think about these alternatives, Ewing mentioned:

1.