Homeowner in preforeclosure and on social security
I've got a homeowner who's in pre-foreclosure but doesn't want to sell because he has nowhere to go.
He's 73 and on social security. Since he doesn't want to sell, I want to at least point him in the right direction. What are his options? Here are a few I can think of:
- File for bankruptcy to delay a foreclosure
- Talk to bank about covid related forbearance.
What would y'all recommend?