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Welcome to the Community Foreclosure Coalitions website. We are a nonprofit coalition of community partners in Jackson, Lenawee and Hillsdale counties who are working together to stop preventable foreclosures and to soften their effects on families, neighborhoods and our local communities. We connect homeowners, renters and neighbors with information and resources and advocate for change to stop foreclosures here in our own back yard. |
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| IMPORTANT NEWS & UPDATES | |
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| FOR HOMEOWNERS | FOR RENTERS | FOR NEIGHBORS | |
| MORTGAGE FORECLOSURE: | |
| 1) |
I'm
having trouble making my mortgage payment. What should I do? |
| 2) |
I
can no longer afford my home. What are my options to avoid
foreclosure? |
| 3) |
Is bankruptcy an
option for saving my home? |
| 4) | I received a letter from my lender letting me know I'm in default. What should I do? |
| 5) |
I've received a
letter from a law firm about 14 days to ... What should I do? |
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This is a very important notice your lender is required to mail to you as a result of a new Michigan law designed to guarantee you an opportunity to work with your lender to avoid foreclosure. As soon as you receive it, you need to: 1) Call your lender. The letter will provide you with the name and contact information for the individual who is designated by the lender to meet with you to try to avoid foreclosure. You have 14 days from the date the notice was mailed to do this. 2) As soon as you have called your lender, immediately Call a FREE HUD or MSHDA certified foreclosure counselor. You have 14 days from the date the notice was mailed to do this. Make sure when you call a counselor that you let them know you have received this important notice. FREE HUD and MSHDA Certified Counselors Jackson County Community Action Agency (800) 491-0004 Jackson Affordable Housing (517) 788-4626 Lenawee County Community Action Agency (800) 438-1845 Hillsdale County Community Action Agency (800) 750-9300 3) Once you’ve contacted your lender and a housing counselor, you will have 90 days to work with your lender to try to avoid foreclosure. There is also a specific process that is required during that period that includes a meeting between you, your lender’s designee and if you prefer, your counselor. 4) There is no guarantee that you will be able to work something out with your lender to keep your home, but working with a free certified HUD or MSHDA certified counselor offers you the best chance. Even if you can’t stay in your home, you still have options to avoid foreclosure and its negative effects on your credit and your future. 5) During this period, continue to maintain your home by mowing the lawn, shoveling snow, paying utility bills, etc. A nicely kept home can get a better sale price or better appraisal for a mortgage refinance which is to everyone’s advantage. If you think there were misrepresentations or fraud regarding your mortgage loan, contact OFIR 1-877-999-6442 (www.michigan.gov/ofir) or the statewide number for the FBI – (313) 965-2323. Locally, you can also call a FREE legal services attorney Legal Services of South Central Michigan: Jackson and Hillsdale Counties (800) 676-9488 or (517) 787-6111 Lenawee County (888) 251-1598 or (734) 241-8310
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| 6) |
What do you mean by a certified foreclosure counselor? |
| 7) |
What can I
expect when I contact a FREE certified foreclosure counselor? |
| 8) |
I'm
at risk of losing a home that is not my primary residence.
Can a HUD or MSHDA certified foreclosure counselor help me? |
| 9) |
Can I contact my lender on my own instead of working through a foreclosure counselor?
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| 10) |
I've tried
contacting my lender and can't get anywhere. What should I
do? |
| 11) |
What is the new
Michigan 90 day law I've heard about? |
| 12) |
What is the
Obama Plan I've heard about and am I eligible? |
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JACKSON COUNTY | LENAWEE COUNTY | HILLSDALE COUNTY |
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Community Action
Agency Jackson Affordable
Housing |
Community Action
Agency |
Community Action
Agency |
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| FOUNDING PARTNER | |||