MONTGOMERY, Ala. - As economists and policy-makers work out plans to help thenation's troubled economy, homeowners who’ve lost jobs, orwhose salaries have been slashed, are struggling to pay theirmortgages.
In response to the mortgage foreclosure crisis, the AlabamaState Bar and Legal Services Alabama have joined in a uniquepartnership with a plan to help Alabama homeowners remain in theirhomes.
Under a public awareness and education campaign created by thestate bar, homeowners facing foreclosure can call a toll-freehotline (1-877-393-2333) and be connected with a legal aid attorneywho will advise them about the various stages of the process andfurnish free legal assistance. Such assistance can take the form oflimited representation, negotiation or litigation, ifnecessary.
State Bar President-elect Thomas J. Methvin of Montgomery(Beasley, Allen, Crow, Methvin, Portis & Miles, P.C.), whochairs the Mortgage Foreclosure Task Force said, "Help isavailable. Homeowners need to know there are options but the key toa successful outcome is early intervention and I can’t stressthat enough. If you are having a problem making your monthlypayments and believe foreclosure is imminent you must act now."
Working in cooperation with the state Broadcasters Association,the state bar has produced a series of broadcast messages that willbegin airing on radio and TV in Mobile and surrounding areas. Inaddition, the bar has available a public information pamphlet thatprovides answers to some of the most commonly asked questions aboutforeclosure. Copies may be downloaded from the bar's Web site: www.alabar.organd then click on the words "foreclosure resources."
Methvin said, "We are very concerned about people losing theirhomes. We are also concerned about other related effects offoreclosure such as reducing property values, creating blight withvacant and abandoned properties in neighborhoods, diminishing thelocal tax base which often supports important services, andstraining court dockets."
He explained that Alabama allows for two kinds of foreclosureproceedings; judicial and non-judicial. Non-judicial foreclosuresare actually more common and are the ones that can occur in such ashort time frame, 21 days. This is why it is crucial for homeownerswho have missed making even one monthly mortgage payment to callthe hotline immediately.
At no cost, legal aid attorneys will interview homeowners byphone and may write a letter on their behalf to the lender forexample, or, depending upon the circumstance, they will try tonegotiate a work-out of the mortgage. In some cases, the attorneymay represent the homeowner in various stages of foreclosurelitigation, including mediation, but this option is limited tolow-income individuals. A grant from the Alabama Civil JusticeFoundation and from the Access to Justice Commission allowed LSA toemploy attorneys to handle the calls.
"We are committed to assisting consumers who are facing thedifficult prospect of losing their homes or filing for bankruptcy,"Methvin said.
Legal Services Alabama is a non-profit organization providingfree civil legal and law related services to low income Alabamiansin all 67 counties.
The 16,000-member Alabama State Bar is dedicated to promotingthe professional responsibility, competence and satisfaction of itsmembers, improving the administration of justice and increasingpublic understanding and respect for the law.
WASHINGTON (AP) — As you decorate your home for Christmas, the Consumer Product Safety commission has several tips to help you avoid accidents.
Nearly seven years ago, an Orange Beach man was tortured and robbed in his own home. As of Friday night, Shaun Cassidy, 65, is behind bars for a number of charges involving minors.
According to authorities, deputies and investigators with the Walton County Sheriff’s Office responded to a home on South Bay Grove Drive in Freeport around 3:30 p.m. after a 4-year-old was shot in the chest with a BB gun.
A double dose of Tigers invade Atlanta for the 2013 SEC Championship.
Auburn and Missouri fans get decked out for the big showdown in Atlanta.
Tre Mason rushed for 304 yards and four touchdowns, leading No. 3 Auburn to a wild 59-42 victory over No. 5 Missouri in the Southeastern Conference championship game Saturday.