1. You can cure the default by making up any delinquent payments plus costs related to the foreclosure and any lender's expenses related to starting the foreclosure process. (RCW 61.24.090 The borrower can do this up to 11 days before the trustee's sale (auction).
After the 11th day the lender is under no obligation to accept a cure of the defaults.
Upon cure of the default, the trutstee is required to execute, acknowledge and record a notice of discontinuance of the trustee's sale. RCW61.24(090(6)
2. Contact the lender and find out about alternative payment options.
3. Evaluate refinancing options.
4. File for bankruptcy. If the borrower is unable to arrange a workout agreement with his lender or other solution, he may consider filing for bankruptcy.
In a Chapter 13 bankruptcy, he can present a plan for catching up on his house payments. He may be able to prevent a foreclosure if the bankruptcy court accepts his payment plan.
A Chapter 7 bankruptcy might delay a foreclosure but will not prevent one indefinetely. Bankcruptcy will immediately put a temporary freeze on the foreclosure sale
5. Sell the home.
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