Into the extreme, a debtor can avoid foreclosure by attempting to sell their property, provided that they will have good equity. Less extreme choices for a debtor include cash-out refinancing or a house equity credit line, each of which will in place enable the household to borrow secured on their equity inside their home to temporarily protect payments that are monthly. Generally speaking, the вЂњdouble triggerвЂќ theory of foreclosure implies that borrowers generally speaking must experience both earnings surprise and a homely home cost shock to standard. 26 But can a debtor easily offer or refinance their property in the middle of a public wellness crisis? For the unemployed debtor to refinance their residence, a home loan originator would need to focus on them over other still-employed borrowers seeking to refinance amid record low interest.