Who You Gonna Call? Institute for Foreclosure Legal Assistance
The fraudulent foreclosure mess is a nightmare for Americans and it’s going to cause another major meltdown because of the corruption that is rooted in the actual foreclosure process. Ellinorianne has a great post up at DKOS called: Foreclosure Fiasco – What to Do for the Homeowners? HELP THEM! She outlines the problems and abuses and then offers some assistance. People need legal help to keep their homes. And many of those people don’t have the means to pay for that help. But there are resources but they need funding. I started here: Institute for Foreclosure Legal Assistance . The crisis of fraud has grown so large that we have a new kind of legal assistance focussed on just helping people keep their homes. IFLA Mission Statement and Goals As the nation’s foreclosure epidemic continues to worsen, the Center for Responsible Lending has formed the Institute for Foreclosure Legal Assistance (IFLA) to support groups giving legal representation to families facing foreclosure and financial ruin because of abusive subprime mortgages. The National Association of Consumer Advocates will manage the project, which recognizes that one of the biggest barriers families face to avoid losing their homes is the lack of access to quality legal services. The Institute, launched with a $15 million grant from investment management firm Paulson & Co. Inc., will provide funding and training to organizations that help homeowners negotiate alternatives to foreclosure. The majority of the funds will be grants to support direct legal assistance to borrowers in 10 or more states to fight foreclosure, predatory lenders and abusive loan servicers. It will do this primarily by providing money to top non-profit legal-aid groups and law school clinics. The IFLA then lists the many Legal Aid Foundations in various states. They need money to hire more lawyers so they can help people keep their homes. That’s it. Donate to your local Legal Aid Foundation and if you have the legal ability to help, please do. If you know the law, get training to help people keep their homes. As progressives we have a responsibility to help people stay in their homes, we can help them do so. So I’m asking you to help. This is a worthy cause. Please help if you can because who will?
Who You Gonna Call? Institute for Foreclosure Legal Assistance
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on November 25, 2010. Filed under