Distressed Homeowners Have a Chance to Meet Their Lenders Face to Face

Oct. 16, 2012 - PRLog -- Local distressed homeowners will have the opportunity to sit down with lenders, servicers and housing counselors on October 20 from 8am to 3pm when DebtHelper.com, a local non-profit HUD approved Housing Counseling agency holds a free foreclosure prevention workshop from at Mary Immaculate Church, 500 Spencer Drive in West Palm Beach. This is the third such workshop DebtHelper.com has held this year with past events bringing two to three hundred attendees.

Homeowners that bring all of the necessary documents with them have a chance to reach a resolution on the spot if their lender is present. For those whose servicers are not present, the homeowner can sit down with a HUD Approved Housing Counselor who can review the homeowner’s options and help present the homeowner’s case to the servicer. There are no charges for housing counseling services.

In addition to servicers, lenders and housing counselors, distressed property owners will also have the chance to get free legal advice from a Legal Aid Society Attorney as well as free short sale advice for short sale experts.

DebtHelper.com will have Florida Hardest- Hit Fund (HHF) Program Advisors available to determine if homeowners who are unemployed or underemployed meet eligibility criteria to participate in the HHF Program. For homeowners who qualify, the fund will pay their first mortgage for up to 12 months. The HHF  program may also pay up to $25,000 to bring a delinquent first mortgage current for homeowners who experienced unemployment or underemployment and are now gainfully reemployed.

“Too many homeowners hide from their difficult issues or maybe ask once for a solution and quit trying after they get one negative answer.” said Kevin Maher, Community Outreach Coordinator at DebtHelper.com. “”But the folks that try again are finding that there are new programs, old programs that are improved or that there are changes within their lenders that let them do what they couldn’t do before. There is no reason to quit trying and your chances are better if you have an expert working alongside you.”

DebtHelper.com is a non-profit Credit Counseling and HUD Approved Housing Counseling Agency that was founded in West Palm Beach in 1996. DebtHelper.com provides personal finance education, assistance in dealing with debt, credit and budget counseling as well as First Time Homebuyer, Foreclosure Avoidance and Reverse Mortgage Counseling. Counselors can be reached at 561-472-8000 or at info(at)debthelper(dot)com.