There are several steps that a homeowner who is facing foreclosure can take to avoid losing his or her home.

First, contact an attorney to help develop a plan. If an attorney is not affordable, help may be available from the local bar association or legal assistance organization.

The next step is to call the lender, explain the situation and see if they offer any kind of loan modification program. It is important to respond to any mail from the lender.

Consider tapping into one of the government-backed programs such as HOPE for Homeowners or one of the deed-to-rent programs where the lender reclaims the home but allows the former owner to stay in it with an affordable lease.

Think about selling the home, which can be a good alternative if the homeowner has equity. Defending a foreclosure is very difficult; only a small number are actually successful, so it is important to realistically assess one’s chances.

Cut all expenses except for housing and healthcare. To free up cash, consider selling assets such as a second car or valuable jewelry. Assuming things are settled with the lender be sure to obtain a written foreclosure deed on the property to ensure that the matter is truly closed. Homeowners can read and review their mortgage rights, as well as explore foreclosure options at www.hud.gov. HUD can also connect homeowners with one of its approved housing counselors.

Note: This information was prepared as a public service by the Illinois State Bar Association and is a joint project with the Illinois Press Association. Its purpose is to inform citizens of their legal rights and obligations.