Lycoming County and Williamsport foreclosure mediation
Homeowners in Williamsport and Lycoming County who are struggling with and missing their monthly mortgage payments now have more options. The local court system, North Penn Legal Services, the county Law Association, and also representatives from STEP Housing Counseling Services have created foreclosure mediation and diversionary conferences. The goal of these programs are to help people who are facing a foreclosure.
The new mortgage foreclosure diversionary and mediation conferences that are now being offered through the court system will help delay, and ideally stop foreclosures and provide alternatives for those facing the loss of their home.
This new program will give borrowers the opportunity to obtain free counseling, mediation and also free legal representation at the conference. The mediation sessions will be the result of a new pro-bono program that was created by Lycoming county Law Association working with the North Penn Legal Services.
How do the foreclosure sessions work
If a bank of lender files a foreclosure on a privately owned home in the county, the homeowner will be able to request the foreclosure mediation session. Those borrowers who are in a default situation will be given an opportunity to request a court conference, with representation, shortly after the complaint is filed by their lender.
As thousands of families know, missing a scheduled mortgage payment, fallen behind and struggling is stressful and difficult. Then, receiving the foreclosure notice from your lender is enough of a gut-wrenching proposition to cause even more stress and hardship for anyone. What increases the stress level even more is the lack of communication, as most banks, lenders and attorneys representing these corporations are located out of state, and not easy to communicate with.
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