Sunday, August 24, 2008

Attendance Triples At Louisville Legal Aid's Weekly Foreclosure Clinics

In Louisville, Kentucky, Business First of Louisville comments on the local Legal Aid Society's Foreclosure Prevention Project, which provides education and legal assistance to low-income individuals facing foreclosure:
  • The project helps clients negotiate with lenders regarding the terms of their loans. Solutions include reducing the interest rate, replacing an adjustable rate with a fixed rate, reducing the amount of the mortgage balance and waiving fees and penalties. Legal Aid, a nonprofit group that provides free legal services to low-income persons, has seen attendance triple at its weekly foreclosure clinics.

Source: Legal Aid receives $25,000 grant for foreclosure program.