The best way to stop bank foreclosure is to avoid a foreclosure by communicating with your lender as soon as you realize that you may be in financial trouble. Try and work out a solution with your lender. Also seek advice from a certified HUD foreclosure counselor or a foreclosure defense real estate attorney to help you stop bank foreclosure. If you do nothing, and you miss at least three mortgage payments, your lender may institute foreclosure proceedings against you. You can stop bank foreclosure proceedings at any time prior to the foreclosure sale by paying your default amount plus costs and any fees. Refinancing or obtaining a mortgage modification are other options to lower your monthly mortgage payment and make it affordable so that you can stay current. You must prove to the lender that you have enough income to pay the new mortgage payment. Your lender may also agree to a forbearance or forgiveness of some of the debt. Selling your home is another solution to stop bank foreclosure. For homeowners who are upside down on their mortgage, a good option may be asking their lender to approve a short sale. If you sign a deed in lieu of foreclosure and give the home back to the lender, you can stop bank foreclosure. A final solution to stop bank foreclosure is to file a bankruptcy action. This should be used as a last resort. Before you take such measures, consult with an attorney.