My wife lost her job 1yr ago and they were starting foreclosure process on our house. She Got another job shortly after. Everything was fine until 3 weeks ago. She got real sick and she was out and then they fired her 4 days ago. They did not pay her anything. Mortgage payment was due today. We don’t live there anymore and are staying with friends in another state. Is their anyway we can avoid foreclosure at all? Or will foreclosure be a good thing? I have no idea what to do. Until she gets better and finds a job, my teacher salary cant cover the payment. We have 3 kids and have had our house on the market for for 1 and 1/2 years….in Atlanta area. My credit is already shot…how will this affect it?