How We Helped Stop Foreclosure for a Mississippi Homeowner—Even When It Felt Like It Was Too Late

When folks reach out to us, it’s usually because they’re in a tough spot. And that was exactly the case with one family we recently worked with in Mississippi. They were behind on payments, feeling overwhelmed, and seriously considering selling their home just to get some relief.

They’d been struggling since the fall of 2024—not because anyone lost a job, but because money was being stretched too thin and things hadn’t been managed the best way. It happens. Life gets busy, unexpected expenses pop up, and before you know it, you’re a few months behind on your mortgage with no clear plan on how to fix it.

They came to us ready to sell. But after talking things through, it became clear they actually could afford the house if things were restructured. They just didn’t know where to start. That’s where we came in.

Helping Homeowners Stay Put with Foreclosure Mitigation

We walked them through our foreclosure mitigation service—something we offer for situations just like this. It’s a hands-on approach where we work directly with your lender to figure out if there’s any option left that allows you to stay in your home and start making payments again.

In this case, they’d already used a couple of the more common options like a forbearance and a repayment plan, so we weren’t sure what was still available. But we don’t give up that easy.

We got on the phone with their lender, helped gather and organize everything that was needed, and made sure their current financial picture was clearly laid out. After a few conversations and some back-and-forth, the lender came back with a plan that actually worked—one that let them keep their home and get back on track.

Today, they’re no longer facing foreclosure. They’re caught up and making regular payments again. Most importantly, they’re still in their home.

You Don’t Have to Go Through Foreclosure

I wanted to share this story because I know there are so many people out there who feel like foreclosure is a done deal. Like once you fall behind, that’s it. But that’s just not true.

Yes, it’s stressful. Yes, it can feel hopeless. But sometimes all it takes is someone in your corner who knows how to talk to the lender, who understands the process, and who’s willing to fight for a solution that actually makes sense.

If you’re reading this and you’re behind on payments—or you know someone who is—just know that you don’t always have to move out to move forward. There are options out there, even if it feels like you’ve already used them all.

We’re here to help people explore those options. That’s what we did for this family, and that’s what we’ll keep doing for folks who just need a second chance to get it right.

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Molly Ancel and Jerry Anderson are Minnesota-based real estate investors helping homeowners overcome financial challenges with flexible solutions. Former business professionals, they now focus on empowering families and strengthening communities. Learn about how they help at peerpointmn.com.