Free foreclosure prevention workshops to be held around the state

Workshops will focus on foreclosure alternatives and homeowners’ rights

INDIANAPOLIS, IN – April 23, 2010 – (RealEstateRama) — Homeowners on the verge of foreclosure face an overwhelming amount of information – from the Internet and TV, well-intentioned friends and family members, and scammers looking to take advantage of the financially distressed. Attorney General Greg Zoeller today announced 11 free workshops are scheduled to take place around the state beginning April 27th. The workshops are intended to cut through the noise and offer straight-forward advice to homeowners looking to understand their rights and options for avoiding foreclosure.

The Attorney General’s office has partnered with The Indiana Department of Workforce Development and its WorkOne Centers and the Indiana Foreclosure Prevention Network (IFPN) to offer these workshops. Most of the workshops will be held at WorkOne facilities around the state and will be led by either an IFPN housing counselor or a representative from the Indiana Attorney General’s office.

“There is hope for homeowners who are falling behind on their mortgages. Those who attend a workshop will come away with a better understanding of the alternative remedies to foreclosure and an awareness of their rights under Indiana law to request a settlement conference,” Zoeller said. “Foreclosure rescue consultants are not the answer for people behind on their mortgage. Attending one of these workshops is critical for anyone looking for legitimate help to avoid foreclosure.”

As of last July 1, Hoosier homeowners now have the right to request an in-person settlement conference with their lender before foreclosure can be ordered on their home. The Indiana Supreme Court’s Division of State Court Administration, which keeps foreclosure statistics, estimates only 2 percent of eligible homeowners had exercised their right to request a settlement conference.

The free, one-hour workshops are geared to homeowners and professionals in the housing industry, including counselors, realtors, and lenders. The workshops offer an introductory overview of the options and rights homeowners have to avoid foreclosure, including when and how to request a settlement conference.

Hammond – April 27
Lawrenceburg – April 29
New Albany – April 29
Lafayette – May 5
Kokomo – May 11
South Bend – May 11
Fort Wayne – May 13
Bloomington – May 27
Columbus – May 27
Vincennes – June 3
Evansville – June 3

For more information about the workshops and other foreclosure prevention resources, please visit www.in.gov/attorneygeneral/2417.htm

Contact:
Molly Butters
Phone: 317-232-0168
Email: Molly.Butters (at) atg.in (dot) gov

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