Monday, January 12, 2009

Court-Supervised Foreclosure Diversion Program Begins Monday In Allegheny County

In Pittsburgh, Pennsylvania, WTAE-TV Channel 4 reports:
  • [B]eginning Monday, owner-occupied homes facing foreclosure will be specially flagged for attention, and the plaintiff will also have to identify the name, address and phone number of someone at the lender with authority to discuss the action.

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  • People will be put in touch with a nonprofit housing counselor free of charge to help try to work out arrangements with their mortgage company. The counselor will set up a conference under a judge's supervision to determine if they can work out an arrangement. [...] People entering the pilot project will get 90 day court stay of foreclosure while going through credit counseling and efforts to work out arrangements to save their home.

For the story, see Allegheny County Foreclosure Program Begins Monday.