The state of Maryland has recently enacted some new legislation to help those facing foreclosure. In one case, homeowners will have extended periods of time to attempt to resolve their default situations before a foreclosure can be completed on their homes.
Separately, lawyers doing pro bono (free) work for homeowners facing default/foreclosure can assist in one of three ways: 1.) direct representation of the homeowner; 2.) brief assistance and advice to the owner; and 3.) Of Counsel representation. In the third case, they would act to assist regular counsel for groups offering assistance to homeowners. This initiative's importance was given added emphasis by an open letter sent to all attorneys in the state by the Chief Justice of Maryland's Court of Appeals, Justice Bell.
Finally, the State Bar has published a free booklet for homeowners on benefits under new foreclosure assistance laws in the state.
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2 comments:
Foreclosure is something that can happen to anybody in any financial income bracket, it is embarrassing and it does not discriminate. Foreclosure is not something that you should hide from in hopes that it will go away, it won't. I was able to prevent foreclosure by contacting mortgagebuyerbasics.com Getting started was easy and private. They were helpful in answering any and I questions that I had about foreclosure and the options I had to prevent it. All consultations are free and there is no pressure.
Sonyalee: Congratulations! I couldn't agree with your comments more! Yes, it's embarrassing, but ignoring it will only make things get worse. When I counsel borrowers/homeowners, that's one of the first things I tell them. Take action! It may make the difference between saving and losing a home. My book, Save Your House From FGoreclosure! stresses this, as well as many ways to avoid foreclosure. It's available on Amazon.com
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