This is the link to the administrations effort to assist you in modifying your mortgage. Read the information on the site and follow them exactly. This is long road and can be quite frustrating. If this is your path, you must follow the guidelines. Your application will be more likely to be accepted if you rid your financial picture of the unsecured debt. File a Chapter 7 to eliminate the debt and then apply.

Beware of Foreclosure Rescue Scams – Help Is Free!

1. Beware of anyone who asks you to pay a fee in exchange for a counseling service or modification of a delinquent loan.
2. Scam artists often target homeowners who are struggling to meet their mortgage commitment or anxious to sell their homes. Recognize and avoid common scams.
3. Assistance from a HUD-approved housing counselor is FREE.•Beware of people who pressure you to sign papers immediately, or who try to convince you that they can “save” your home if you sign or transfer over the deed to your house.
4. Do not sign over the deed to your property to any organization or individual unless you are working directly with your mortgage company to forgive your debt.
5. Never make a mortgage payment to anyone other than your mortgage company without their approval.