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Foreclosure assistance planned

February 10, 2009

SPRINGFIELD – Homeowners fearing that their homes will be the next ones lost to the foreclosure crisis have two opportunities this week to reach out for expert help.

Volunteer lawyers with the Hampden County Bar Association’s Mortgage Foreclosure Task Force will staff a phone-a-thon Wednesday from 5:30 to 7 p.m. at (413) 322-7404. The Federal Reserve Bank of Boston will host a workshop Saturday from 10 a.m. to 4 p.m. at the Connecticut Conference Center in Hartford.

The Boston Federal Reserve has set up an information number for the event: (800) 882-1600. “We’ve never done this before so we don’t know what the response will be,” said Justin H. Dion, an associate attorney with Bacon & Wilson in Springfield. Dion is also chairman of the bankruptcy section of the Hampden County Bar Association.

Hampden County had a record 1,040 completed mortgage foreclosures in 2008, up 41.7 percent compared with the 734 foreclosures in 2007. The previous record of 818 was set in 1997. Across the state, foreclosures increased 62.4 percent in 2008 from 7,653 in 2007 to 12,430 in 2008. …

You may read more at the link below.

by: Jim Kinney

February 10, 2009

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