Fighting Foreclosure
There's help for homeowners who are delinquent on their mortgages or facing foreclosure.
Representatives from Central Illinois Debt Management and Credit Education, Inc., and Prairie State Legal Services held a workshop today called "Keeping your home through tough times".
Those who attended learned that just because a person is behind on their mortgage, or facing foreclosure, it doesn't mean they'll automatically lose their house.
"It's a lengthy process," said attorney Jennifer Gelman. "You shouldn't think that the moment you get the first foreclosure notice from your lender that you have to be out of your home. There's a lot of time to resolve the problem."
And there are a lot of people out there to help.
"We're here today to provide some basic information," said Gelman. "Prairie State Legal Services, my employer, has some counseling for people who can't afford an attorney. They might be able to help you find out if you have a defense to the foreclosure or at least slow it down so you can figure out what you can do about it."
Low to moderate income homeowners who are struggling to pay their mortgages may be eligible for grants of up to $3,000.
You can learn about eligibility requirements for those grants by calling 888–671–2227.
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