Don’t Go it Alone – The Washington Fairness Foreclosure Act
There are still many homeowners facing foreclosure. For the last three years, Advantage Legal Group has been doing much to inform those homeowners about the hope they may have in the Fairness Foreclosure Act. Their efforts have been pretty successful and they’ve saved the homes and lives of many clients. However, now there’s a new thing to make people aware of…the danger of trying to do it yourself.
There are people who do indeed know about the Washington Fairness Foreclosure Act but instead of obtaining a lawyer to or credit counselor to request mediation, they try to request it themselves only to be turned down time and time again, all the while, racking up additional fees each time they try. These fees WILL eventually have to be paid somehow, and these people may now face the reality of losing their homes AND paying the fees!
Save yourself a lot of time, heartache and money!
Save yourself time, heartache and money by getting yourself an attorney or credit counselor to set up the mediation for you. You cannot go it alone. These people keep getting turned down for mediation because homeowners can ONLY be referred to foreclosure mediation by a housing counselor or attorney. The counselor or attorney will determine the homeowner’s eligibility for mediation and may make a referral on their behalf to the Department of Commerce for foreclosure mediation. Eligible homeowners will then be assigned a mediator by the Department of Commerce to conduct the foreclosure mediation process that has been established under the Act. Additionally, although not required, the homeowner may also benefit from having the counselor or attorney present during the mediation to assist/represent them during the process. The lender is also usually represented by their own lawyer.