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Follow on Google News | Debthelper.com Helps Families in Palm Beach County with Foreclosure Prevention AssistanceDebthelper.com provides housing counseling to help people become or remain homeowners. Our housing counseling program consists of pre-purchase, homebuyer education, delinquent/default, reverse mortgage (HECM), post-purchase & fair housing counseling.
By: Credit Card Management Services, Inc. On January 22nd, 2011 we organized a successful Free Foreclosure Prevention Workshop in the Skaff Hall, a great facility owned by the Mary Immaculate Catholic Church, in West Palm Beach, Florida with the participation of Citi Mortgage, Chase, HSBC, PNC, GMAC and Bank of America. We advertised in a local newspaper, along with the distribution of flyers around town. Many of the servicers sent out flyers to their borrowers, who are behind in their mortgage payments. The main purpose of these events is to help homeowners who are struggling to make payments, and those who are under ‘hardship’ The servicer with the most cases of foreclosure issues in America is Bank of America, they were represented by only one employee, ending the day with a very low number of borrowers asking for assistance. Their poor turnout was due to their lack of invitations sent. According to their managers we spoke with, they wanted to save their own revenue. The other servicers were busy all day, assisting as many borrowers as they could handle. They called or sent invitations to all their mortgage holders in trouble to see if they qualify for help. We completed and closed our doors at 3:00 pm. We now have just short of 2 years working on these programs. We see many negative results, consequences of denied cases, with different type of excuses such as missing documents, inactive account, no communication at all with borrowers to let them know what they are missing, or because most underwriters representing the investors desired to move cases forward, which would result with a ‘Traditional Modification’ Debthelper.com will continue developing workshops throughout the year to assist homeowners to keep their homes. We will also escalate to the US Treasury Department of any situations where the lenders or investors are working against any federal programs available. For more information on our Foreclosure Prevention Workshops call (561) 472-8000 or (800) 920-2262. Our next workshop will be held on March 19, 2011 in West Palm Beach, FL. # # # Credit Card Management Services, Inc. d.b.a. Debthelper.com is an IRS Approved 501c3 Non-Profit Florida Corporation dedicated to our mission of providing compassionate and professional, financial counseling and education. End
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