Reaching U Network, Inc. To Kick off “2012 Financial Empowerment Movement Foreclosure Preventi

PRLog (Press Release) - Mar. 2, 2012 - 2 March 2012-In response to the high number of foreclosures in South Florida, Reaching U Network Inc., will  kick off their “2012 Financial Empowerment Movement Foreclosure Prevention” workshop series  on Monday, March 19, 2012, at Upper Room Ministries (3800 NW 199th Street, Miami Gardens, FL 33055) from 7pm.  The free workshop is open to the public and will include a panel discussion of how to identify mortgage scams, understanding the foreclosure process, identity theft and homeowners’ rights and homeownership. The Reaching U Network, Inc. case analysis team will be able to provide one-to one consultations for homeowners facing foreclosure. Attendees are encouraged to bring loan document and other relevant financial information to the workshop. Representatives from Citi-Bank and 1st Priority will also be on hand to answer questions.

“Home foreclosures is a topic that all of us are concerned about especially this election year. We have created a series of workshops that we will be offering to the community to help educate about homeowner’s rights and what options families have if they are faced with foreclosures, states Christopher Edwards, CEO of Reaching U. Network, Inc.

Facts about the foreclosure crisis in South Florida

“Complaints lodged with state regulators against South Florida financial institutions increased 21% last year despite an improving economy. Miami Herald
The Florida Legislature gave circuit courts a $9.6 million grant last year with a goal of cutting the backlog by 62 percent within a year — but critics say it has created a “rocket docket” that favors lenders and neglects homeowners’ rights. Miami Herald
According to RealtyTrac, 1.9 million homes, entered the foreclosure process in 2011 and  2012’s foreclosure rate will be higher than in 2011.
To register for this workshop please email  Community Outreach Director, Jimmy Nickerson at j.nick@reachingu.com or call 786.897.2779.

About Reaching U Network, Inc.

Reaching U Network, Inc. is a nonprofit organization dedicated to helping who are in midst of having their homes foreclosed. They work with a team of financial planners, attorneys and banks who will help  to  navigate their client’s budget challenges and provide counseling to help  avoid foreclosures.