Posts Tagged ‘prevention’

Foreclosure Prevention Hotline!

Saturday, April 18th, 2009

Beware of predators……..many are going through financial struggles and not sure where to turn or what to do and are making poor choices or being taken advantage of. 

Please do this first……The Attorneys General’s Office and the Commissioner of Banks have established a hotline for consumers facing foreclosure. Consumers may call the HOPE Hotline toll-free at 888-995-HOPE 24 hours a day, 7 days a week for free counseling on options to avoid foreclosure. The hotline will connect callers with non-profit housing and credit counselors in their local community who can advise the homeowner about various options such as modifying their loan, selling or refinancing their home, or arranging a repayment plan with the lender to satisfy over time any arrearage.