Workshops help those facing foreclosure

EVERETT – Are you struggling to pay your mortgage because of a subprime loan, a job loss or a one-time financial crisis like an illness or divorce? If so, find the help you need at a free foreclosure prevention event.

July 28, 2011 1:56 pm

EVERETT – Are you struggling to pay your mortgage because of a subprime loan, a job loss or a one-time financial crisis like an illness or divorce?  If so, find the help you need at a free foreclosure prevention event.

The event will be held on Saturday, Aug. 20, 10 a.m. to 2 p.m., at Cascade High School, 801 E. Casino Rd., Everett. U.S. Congressman Jay Inslee will open the event at 10 a.m.

Sponsored by the Snohomish County Asset Building Coalition, workshops on Aug. 20 will offer struggling homeowners information on modifying their loans and monthly mortgage payments, mediation laws and rebuilding their financial life if they do foreclose. Counselors from Parkview Services, ClearPoint Credit Counseling Solutions, American Financial Solutions and Apprisen will be on hand to speak to participants. Workshops on the foreclosure process, avoiding foreclosure scams, repairing credit scores and budgeting are also offered.

“There are many homeowners still struggling to keep up with monthly mortgage payments who do not know where to turn for advice or help,” said Snohomish County Executive Aaron Reardon. “This foreclosure event sponsored by the Snohomish County Asset Building Coalition is an opportunity to work with a skilled counselor toward a solution that will help families and individuals keep their homes.

”With foreclosures double what they were two years ago, the need for such an event is obvious, if a sad sign of our times, noted Deborah Squires, spokeswoman for United Way of Snohomish County.

What to bring:

  • A detailed list of all household expenses and all household income
  • Documentation for any other income (i.e. rental income or unemployment)
  • Any recent correspondence related to your home
  • Your most current mortgage statement

The event is sponsored by United Way of Snohomish County, Snohomish County Asset Building Coalition, the Washington State Department of Commerce, and the Washington State Department of Financial Services. The Northwest Justice Project will provide onsite resources.

For more information or to speak with a housing counselor prior to the event, please visit www.homeownership.wa.gov or call 1-877-894-HOME.