If you are live in Maryland and are worried about losing your home to foreclosure, do not panic. While not everyone will be able to save their home, help is available and there may be a solution to prevent foreclosure in your situation.
Falling behind on your mortgage need not mean you will lose your home. The Maryland Department of Housing and Community Development has new programs that will help some homeowners stop foreclosure. Take charge of your circumstances, explore all your options and, most importantly, don’t wait! Call Maryland DHCD toll-free at 1-877-462-7555.
Maryland Foreclosure Prevention Counselors
Maryland Housing Counselors are familiar with the various foreclosure prevention arrangements that lenders will consider. Working with a Certified Housing Counselor is a good way to make sure the advice you receive is accurate, reliable, and appropriate. You Certified Housing Counselor will advise on Maryland law that may help you to avoid foreclosure. Local counselors are also aware of Maryland and federal programs that provide additional financial, legal or foreclosure assistance that you may need.
The Legal Aid Bureau
Private, non-profit, multi-funded law firm provides free legal foreclosure services to low-income people statewide. Legal Aid serves Baltimore City and Maryland’s 23 counties from 13 office locations. Legal Aid is an independent, 501(c)3 charitable organization that receives funding from federal, state and local governments, the United Way and other private sources.
Foreclosure Legal Assistance Project program offered by Legal Aid
If qualified, foreclosure case is analyzed quickly and in detail to determine what can be done to stop foreclosure. Legal Aid refers clients with potentially fee generating predatory lending cases to the private consumer bar. Legal Aid does not have the resources to represent everyone who qualifies and needs legal services. You can reach Legal Aid at (800) 999-8904.
Foreclosure Counseling Services Law – Maryland Attorney General Consumer Protection Division
The Maryland General Assembly has enacted legislation that provides certain protections to homeowners who face foreclosure. This law took effect on May 26, 2005 and, among other things, requires that foreclosure notices contain the following warning:
“Mortgage foreclosure is a complex process. Some people may approach you about “saving” your home. You should be careful about any such promises.
The state encourages you to become informed about your options in foreclosure before entering into any agreements with anyone in connection with the foreclosure of your home. There are government agencies and nonprofit organizations that you may contact for helpful information about the foreclosure process. For the name and telephone number of an organization near you, please call the Consumer Protection Division of the Office of the Attorney General of Maryland at 1-888-743-0023. The state does not guarantee the advice of these organizations.
Do not delay dealing with the foreclosure because your options may become more limited as time passes.”
Maryland Attorney General Consumer Protection Division maintains a list of Maryland organizations that provide foreclosure counseling to consumers in every region of the state.
Homeownership Preservation Foundation
Homeowner’s HOPE™, a counseling service provided by the Homeownership Preservation Foundation. Since 2002, HOPE foreclosure counselors have provided advice and education to more than 300,000 homeowners.
Homeownership Preservation Foundation helps homeowners avoid foreclosure. Foundation is an independent nonprofit that provides HUD-approved counselors dedicated to helping homeowners and the help is free. HOPE counselors are experts in foreclosure prevention and trained to set up a plan of action designed to stop foreclosure
Related posts:
- Washington Foreclosure Assistance
- Tennessee Foreclosure Assistance
- Georgia Foreclosure Assistance
- New York Foreclosure Assistance
- Illinois Foreclosure Assistance
- del.icio.us | StumbleUpon | FaceBook | Digg
{ 0 comments… add one now }