Most banks are willing to negotaiate with you and do a loan modification if they see you have interest in keeping your home.
Contact them and they should help you.
The attorney's, when they get involved. . will only follow orders from the bank.. .essentially a foreclosure can be stopped until the last moment
Hope this helps
Banks will do anything to avoid foreclosures! It will cost them approx. 15% to go to process. Therefore, you always can negotiate and you do not find out, unit you try!
Selling the property. If there's equity in the property, and you can price the property at or below market value, you should be able to sell. If there's substantial equity in the property, you can sell to an investor, who typically will be able to buy in 10 days or less. (Note: If you're within 20 days of foreclosure, that last one does not apply. Instead, you'd have to contact a foreclosure consultant--which you really should do anyway--and the foreclosure consultant will provide the names of some investors who might purchase the property.)
I'm not a lawyer--so check with a lawyer--but I believe that filing for bankruptcy can delay foreclosure. However, if you fail to comply with the payment terms of the bankruptcy, that opens up your home to foreclosure again.
Hope that helps.