New Workbook Gives Guidance For Financially Strapped Arizona Homeowners

From the Office of the Arizona Attorney General:

• Consumers at risk of foreclosure are encouraged to do their homework before contacting lenders and servicers. The Arizona Foreclosure Prevention Task Force has developed an easy to understand workbook to guide families through different options and scenarios in order to prepare for meeting with lenders or certified counselor at a HUD approved agency.

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• In addition to providing consumer information, the workbook also describes tactics used by many unscrupulous firms who scam families that are seeking assistance. "This workbook is an important resource for families who are looking at a foreclosure situation." says Patricia Garcia Duarte, Chair of the Arizona Foreclosure Prevention Task Force. [...] The workbook has examples of letters that consumers can read and be prepared to draft for their own use, budget forms to help them document their income and assets, and even a telephone or contact log to help them keep track of discussions and correspondence in trying to resolve their mortgage predicament.

For the entire press release, see Arizona Foreclosure Prevention Task Force Urges Consumers at Risk of Foreclosure to Be Prepared (Workbook developed to help consumers have discussion with lenders).

Go here for the Arizona Foreclosure Information Workbook.