Free June 9 Foreclosure and Financial Assistance Fair Offers
Press Release
MEDIA CONTACTS:
Cara I. Belton, 313-226-9484 or cell, 313-520-8454
Laura L. Rodwan, 313-226-9484 or cell, 313-477-2750
COMMUNITY ORGANIZATIONS COME TOGETHER TO PROVIDE ASSISTANCE, ANSWERS, AND HOPE TO RESIDENTS
Given the alarming rate of foreclosures in Macomb County, many families are finding themselves in need of assistance and answers from experts. In an effort to address residents’ needs, community organizations, government and human service organizations, and financial institutions will host a free foreclosure and financial assistance fair on Saturday, June 9 from 9am – 2pm at the Warren City Hall, One City Square, ¼ mile north of 12 mile, east of Van Dyke.
The event, “Keeping Your Home in Troubling Times,” is designed to provide options and essential information to those experiencing financial challenges. Guests will able to meet with foreclosure counselors from Michigan State University Extension and Lighthouse Community Development. In addition, the fair will feature family activities such as learning how to garden or cook on a budget. Guests may also attend any of 15 presentations during the morning and afternoon, including “Selling a Home When Faced with Foreclosure” and “Negotiating with Mortgage Companies.”
Information will also be available on:
Bankruptcy
Budgeting
Credit Repair
Emergency Assistance
Foreclosure
Identity Theft
Predatory Lending
Responsible Borrowing
“We’re finding that many individuals are not only facing foreclosure, but struggling to manage a number of other issues at the same time,” said Greg Sterns, Manager Financial Education Counseling, Lighthouse Community Development. “We’re hosting the fair in order to help consumers feel empowered, and realize that there are solutions and valuable resources available to them.”
Throughout Southeast Michigan, foreclosure rates have increased dramatically over the past year. Wayne County experienced a 143% increase, Oakland County – 64% increase, and Macomb County experienced a 234% increase. The State of Michigan experienced an overall increase of 141% in its foreclosure rates.
According to Michael J. Brennan, president and CEO of United Way for Southeastern Michigan, the June 9 fair is an example of the type of proactive approach that is needed to combat high foreclosure rates in Macomb County and the region overall. “This fair is part of United Way’s ongoing effort to develop a unified approach in educating the community about the root causes of financial crisis. We believe that collaboration is a key component to preventing foreclosure, and we remain committed to addressing the underlying causes of our region’s most pressing issues.”
WHAT: A Fair on Foreclosure and Financial Assistance
WHEN: Saturday, June 9, 9am – 2pm
WHERE: Warren City Hall, One City Square, ¼ Mile north of 12 Mile east of Van Dyke
For information on foreclosure assistance please call United Way’s 2-1-1 by dialing 2-1-1 or 800-552-1183.
Donations Provided by:
C & G Newspapers • Central Macomb Credit Union • Fifth Third Bank • First State Bank • Flagstar Bank • Huntington Bank• Metro Credit Union• Metropolitan Consolidated Association of REALTORS •National City Bank • Paramount Bank • United Way for Southeastern Michigan• Warren Bank
Community Partners
City of Warren • City of Roseville •Department of Human Services • Good Shepherd Coalition • Internal Revenue Service• Leaps and Bounds Family Services• Legal Aid and Defender Association •Lighthouse Community Development • Macomb County Asset Building Coalition • Metropolitan Consolidated Association of REALTORS •Macomb County Department of Planning and Economic Development •Macomb County Community Services Agency• Macomb Care Connect •Macomb County Michigan State University Extension • United Way for Southeastern Michigan•
MEDIA CONTACTS:
Cara I. Belton, 313-226-9484 or cell, 313-520-8454
Laura L. Rodwan, 313-226-9484 or cell, 313-477-2750
COMMUNITY ORGANIZATIONS COME TOGETHER TO PROVIDE ASSISTANCE, ANSWERS, AND HOPE TO RESIDENTS
Given the alarming rate of foreclosures in Macomb County, many families are finding themselves in need of assistance and answers from experts. In an effort to address residents’ needs, community organizations, government and human service organizations, and financial institutions will host a free foreclosure and financial assistance fair on Saturday, June 9 from 9am – 2pm at the Warren City Hall, One City Square, ¼ mile north of 12 mile, east of Van Dyke.
The event, “Keeping Your Home in Troubling Times,” is designed to provide options and essential information to those experiencing financial challenges. Guests will able to meet with foreclosure counselors from Michigan State University Extension and Lighthouse Community Development. In addition, the fair will feature family activities such as learning how to garden or cook on a budget. Guests may also attend any of 15 presentations during the morning and afternoon, including “Selling a Home When Faced with Foreclosure” and “Negotiating with Mortgage Companies.”
Information will also be available on:
Bankruptcy
Budgeting
Credit Repair
Emergency Assistance
Foreclosure
Identity Theft
Predatory Lending
Responsible Borrowing
“We’re finding that many individuals are not only facing foreclosure, but struggling to manage a number of other issues at the same time,” said Greg Sterns, Manager Financial Education Counseling, Lighthouse Community Development. “We’re hosting the fair in order to help consumers feel empowered, and realize that there are solutions and valuable resources available to them.”
Throughout Southeast Michigan, foreclosure rates have increased dramatically over the past year. Wayne County experienced a 143% increase, Oakland County – 64% increase, and Macomb County experienced a 234% increase. The State of Michigan experienced an overall increase of 141% in its foreclosure rates.
According to Michael J. Brennan, president and CEO of United Way for Southeastern Michigan, the June 9 fair is an example of the type of proactive approach that is needed to combat high foreclosure rates in Macomb County and the region overall. “This fair is part of United Way’s ongoing effort to develop a unified approach in educating the community about the root causes of financial crisis. We believe that collaboration is a key component to preventing foreclosure, and we remain committed to addressing the underlying causes of our region’s most pressing issues.”
WHAT: A Fair on Foreclosure and Financial Assistance
WHEN: Saturday, June 9, 9am – 2pm
WHERE: Warren City Hall, One City Square, ¼ Mile north of 12 Mile east of Van Dyke
For information on foreclosure assistance please call United Way’s 2-1-1 by dialing 2-1-1 or 800-552-1183.
Donations Provided by:
C & G Newspapers • Central Macomb Credit Union • Fifth Third Bank • First State Bank • Flagstar Bank • Huntington Bank• Metro Credit Union• Metropolitan Consolidated Association of REALTORS •National City Bank • Paramount Bank • United Way for Southeastern Michigan• Warren Bank
Community Partners
City of Warren • City of Roseville •Department of Human Services • Good Shepherd Coalition • Internal Revenue Service• Leaps and Bounds Family Services• Legal Aid and Defender Association •Lighthouse Community Development • Macomb County Asset Building Coalition • Metropolitan Consolidated Association of REALTORS •Macomb County Department of Planning and Economic Development •Macomb County Community Services Agency• Macomb Care Connect •Macomb County Michigan State University Extension • United Way for Southeastern Michigan•
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Labels: Financial Stability, Press_Releases
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