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Philadelphia Sheriff Helps Stop Foreclosures

July 2nd, 2008 by Kenneth Long

Sheriff John D. Green of the Philadelphia Sheriff’s Department has announced a new pilot initiative to curb the proliferation of foreclosures in Philadelphia County and in the city. To give the program a chance, he has halted foreclosure sales until homeowners and lenders have been given a chance to mediate the situation.

 “A Declaration of Neighborhood Security: Safeguarding The Right to Protect Our Homes”

The Sheriff’s plan is designed to allow distressed homeowners the opportunity to understand their rights, get counseling help and follow through on a potential plan to avoid foreclosure. The pilot program has three stated goals:

  1. Notify distressed borrowers about their rights through a massive publicity campaign.
  2. Create a community consortium to examine community needs and recommend short and long-term legislative remedies.
  3. Involve community residents and supporters to develop support for neighborhoods hit the hardest.

The Sheriff’s office has published a local hotline for residents to call so that they can learn how to avoid foreclosure. To get help now, call 215-334-4663.

Philadelphia Foreclosure Hotline:

(215) 334-HOME

This entry was posted on Wednesday, July 2nd, 2008 at 10:30 am and is filed under Foreclosure. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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