Upcoming Foreclosures

My lender is threatning foreclosure on my home. If I transfer my property to a trust, will that save my home?

Public Comments

1. no. either you owe money or you pay it off.
2. No. Your property is used as collateral on the loan. If you can't pay and the trust can't pay, the bank can foreclose on the property regardless who owns it.
3. no i'm sorry you cant fix this one. u might have to live with relatives...well for quite some time. if you lack relatives then you're screwed.
4. And why is he threatening foreclosure ? You don't own your home...the lender has the title to the property.