Struggling homeowners who are late on their payments and don’t answer the door or their phones are a sadly familiar situation for lenders who genuinely wish to help them keep their homes. Despite many attempts to help them refinance their mortgages, many homeowners are unable to act due to fear and/or embarrassment and other factors. Some lenders are going well out of their way to help homeowners keep their homes. They are hiring credit collection agencies not to harass homeowners for payment, but to literally knock on their doors to help them pursue alternatives to foreclosure. Loss mitigation firms are exploring new ways to get embarrassed mortgage holders to talk to their creditors in order to stem the tide of foreclosures that are devastating many communities. They have sent gas cards that they can only activate by calling their lenders and have employed other innovative methods to persuade people to overcome their shame and work with lenders while they still can. These firms understand what they are up against and say that while many troubled borrowers won’t answer their doors or phones, some understand that they need to do something to help themselves. One credit counselor summed up the troubled borrowers mindset succinctly. She said, “It’s a scary and confusing period” for troubled borrowers. “They’re just not thinking as clearly as normal. Some are embarrassed, some are very angry.” It is very important that these people receive the help that they need to remain in their homes. If you need help finding Louisville homes for sale, contact the experienced Louisville real estate agent at Louisville Properties today. No one else has a better selection of commercial and residential Louisville real estate, and he can help you find the perfect property for your needs now and in the future. Call today at 502.744.9504. Resource Link: http://www.latimes.com/business/custom/yourmoney/la-fi-lew28-2010mar28,0,7294195.story