How to break the late rent, missed mortgage payment cycle

As many as 35 million Americans are facing the possibility of eviction due to an inability to make housing payments on time. In some states, such as Mississippi, Florida, and West Virginia, the proportion of renters facing the possibility of eviction exceeded 50% earlier this year.

If you’re among the millions of Americans caught in the late rent payment or mortgage cycle, you should be aware of the eviction moratorium and mortgage payment assistance programs enacted at the federal, state, and local levels. But you should also formulate a plan, and take concrete steps to free yourself from financial and housing uncertainty.

Here’s a step-by-step plan to keep yourself in your home…