Department of Labor: Is your Mortgage Late? Next steps

Program Type:

Career, Business & Finance, Community Events, Race, Equity & Inclusion

Age Group:

Adults
Please note you are looking at an event that has already happened.
Registration for this event is no longer open.

Event Details

To attend this class ONLINE - click here - https://bit.ly/Mortgage-Online

If your mortgage is late and you don’t know what to do, this workshop is for you.

Are you falling behind or have you already received a Notice of Intent to Foreclose? Maryland Department of Labor will share information on the help available to Maryland homeowners, how to work with your mortgage service provider, the do’s and don’ts as a borrower, and your rights.

1.   Mortgage Late, Don’t Wait!

          a.      Steps to take to avoid foreclosure

2.  Your Options: Quick Overview

        a.         Reinstatement

        b.         Loss Mitigation/Working with your Lender

        c.         Redemption

        d.         Bankruptcy Options

        e.         Reverse Mortgage

        f.           Litigation

       g.         Give Up Your Home

3.   Do’s and Don’ts of Foreclosure

4.   Can You Keep Your House? Should You Keep Your House?

       a.         The Emotions

       b.         The Economics

5.  Deficiency Judgments: Will you still owe money after the Foreclosure

       a.         Tax Consequences

6.  Foreclosure Scams

Please register with an email address to receive an immediate registration confirmation.