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If the lender is approached in time, arrangements can in most cases be made to prevent this from happening. People should not keep the burden to themselves, in many cases due to fear of losing their homes, the impact it will have on their families, or because they are too proud to talk about their situation. If lenders are approached in time before you fall too much in debt and behind on mortgage payments, they most certainly will be considerate and listen to your dilemma. annual credit reporting
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