Everybody in his life has heard or get through a financial difficulty. It is not a shame; it is just an unexpected financial turn over. In South Carolina a lot of people have got through a kind of situation mostly nowadays when the economy is very variable, or up or down. You cannot be totally secure from a day to another. The good advice is to inform yourself day by day about your bank account, about your money and stay in contact with your lenders. Problem can appear very fast and unexpected.
The solution has to find you but communication is a way toward the solution. In South Carolina there is only judicial foreclosure in which the court has to participate too. They give you a period of time when you can arrange the situation and gather some money to pay. After that they analyze the situation and give you some judgments. They also give the opportunity for you and the lender to resolve the problem and if not they take steps forward. You might announce bankruptcy to gain some extra time but this also has to be accepted by the court.
They can give you a period of time in which you can do something, sell something or go to friends for asking money for a short period of time. There are people who might help you or give advices how to go further on. Friends are always there for you and for your family to give them good advices or take them out from the stress. Your duty is to use this period of time practically and do not waste time because this could be your last chance. In South Carolina there is no possibility of redemption. If you have lost your property than you have no other option to get it back. Only the court can give you extra period of time before the foreclosure but after that nothing can be done.
Last minute solution are not the best ones, that is why lenders always advice borrowers to turn to them as soon as possible, because a lot of thing can be resolved in time. The good relationship is very important.
If you have a problem does not hesitate asking for help. There are a lot of options which can be helpful for you. The purpose is not to take away your house, the purpose is to give you advices in order to make good decisions.