Foreclosure and what you dont know.

 Do you know that the banks have up to 10 years to collect their money on a foreclosure.  Contrary to what most people believe.  The fact that you can qualify to repurchase a home 3 years after a foreclosure does not mean the story ended their  and you now began a new chapter in your life.   Most banks will not consider collecting on a default because they are aware the homeowner has no way of repaying.  However that is not the case once a person reorganizes  his life and is  on his way to financial stability.  Protect yourself from default judgements.  Plan ahead and be aware that most banks will come after you at some point down the road.  Supporting Homeowners works with attorneys in the valley to better serve our minority communities to better educate them on ways to protect themselves when going through a foreclosure.  Let us help you.   We are a non profit organization registered in the State of Arizona.