The home foreclosure process is the process used by a lender to repossess and sell a home when a homeowner has defaulted on the mortgage due to nonpayment. The home foreclosure process can result in a sale of the home with the proceeds going to the lender to use as payment for the debt. The consequences can extend to the borrower’s personal finances if the sale does not fully cover the debt as the lender may pursue the borrower for the balance. At the outset of the home foreclosure process the lender must send the homeowner a notice of foreclosure listing the reason and the date of the foreclosure sale. The notice of foreclosure will provide the homeowner with an opportunity to pay the balance owed on the mortgage loan, or consult a foreclosure lawyer for an available foreclosure defense. There have been several foreclosure defense laws passed across the United States following the collapse of the housing market that a homeowner may qualify for. If facing the home foreclosure process, homeowners should immediately contact a foreclosure lawyer and discuss a possible foreclosure defense.