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How to Save Your Home from Foreclosure or Bankruptcy in Kansas City

February 3, 2025

How to save your house from foreclosure or how to avoid losing your home due to bankruptcy.


1. Loan Modification or Forbearance Options

If you’ve fallen behind on your mortgage payments, many lenders offer options that can temporarily or permanently adjust your loan terms:

  • Loan Modification – The bank may lower your monthly payment by adjusting the loan’s interest rate or extending the loan term.
  • Forbearance Agreement – If you’re facing a temporary financial hardship, your lender may allow you to pause or reduce payments for a set period of time.

💡 Tip: Contact your lender as soon as possible to ask about these options. The sooner you communicate, the more options you may have.  As a side note, at Family Shepherd, we have years of experience working with banks so if they have pushed you off or ignored you, we still know how to deal with big bank to help you save your home or credit.


2. Selling Your Home Before Foreclosure

If staying in the home is no longer an option, selling your home before the foreclosure process is complete may help you:

  • Avoid a foreclosure record on your credit report (which can stay for up to 7 years).
  • Potentially walk away with cash instead of losing the home to the bank.
  • Protect your ability to buy a home again in the future.

At Family Shepherd, we specialize in buying homes fast for cash in any condition—which means we can often close quickly, sometimes before the foreclosure process is finalized, and give you a fresh start.


3. Government & Local Assistance Programs in Kansas City

There are nonprofit organizations and government programs in Kansas City designed to help struggling homeowners. Some options include:

  • Missouri Housing Development Commission (MHDC) – Offers homeowner assistance programs and foreclosure prevention resources.
  • Legal Aid of Western Missouri – Provides free legal assistance for qualifying homeowners facing foreclosure.
  • HUD-Approved Housing Counseling Agencies – Can help you understand your options and work with your lender.

💡 Tip: Many of these programs offer free services, so be wary of any company asking for upfront fees to "stop foreclosure" or "save your home."


sticky note with ways to avoid foreclosure written on it.

4. Bankruptcy as a Last Resort

For some homeowners, filing for bankruptcy may be an option to temporarily halt foreclosure and restructure their debt. However, bankruptcy has long-term financial consequences, so it’s essential to:

  • Consult a bankruptcy attorney to understand how this option affects you.
  • Explore all foreclosure prevention strategies first.

At Family Shepherd, we are not attorneys, but we can help connect you with resources that may help you decide if this is the right path.


5. Working with Experts to Navigate the Bank’s Bureaucracy

One of the biggest challenges homeowners face is dealing with banks and mortgage lenders. The process can be overwhelming, slow, and full of red tape.

Because we’ve worked with major banks for nearly 20 years, we know how to:

  • Get past automated systems and reach decision-makers quickly.
  • Negotiate with lenders to explore all possible solutions.
  • Move faster than traditional real estate sales, ensuring you have options before the bank finalizes foreclosure.

Whether you’re looking to stay in your home, modify your loan, or sell quickly, we may be able to help stop foreclosure and minimize long-term financial damage.


There’s No Cost to Explore Your Options

The most important thing you can do if you’re facing foreclosure or bankruptcy is take action now. The sooner you start exploring options, the better chance you have of finding a solution that works for you.

At Family Shepherd, we don’t charge homeowners for advice or assistance. There is no cost to you—just options to help you move forward.


Next Steps:

 ✔ Contact your lender – Ask about loan modifications or forbearance options.
Look into Kansas City resources – Explore state and local foreclosure prevention programs.
Consider selling before foreclosure – If you need to sell fast, we can help buy your home before the bank takes it.


If you’re unsure where to start or feel like your getting nowhere with your lender,  reach out to us for a confidential, no-pressure conversation. We can help by guiding you through the process a no cost to you.


📞 Call Family Shepherd today to discuss your options—before it’s too late.

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