Dodging Foreclosure - Fox29 WFLX TV, West Palm Beach, FL-news & weather

Dodging Foreclosure

By Ashley Glass email

West Palm Beach, FL (WFLX) - New numbers released show an 81% spike in foreclosures across the country for 2008.  Florida ranks second on the list of the most foreclosures. 

There is a resource for West Palm Beach neighbors to possibly avoid foreclosure.  The Foreclosure Assistance Center provides free counseling for troubled homeowners.  Housing Finance Manager Charles Durkin says their team is well connected with local lenders and able to better negotiate lower payment plans.  Durkin says, "They'll be asked to produce a hardship letter and explain the situation. A lot of times the lender will modify or reduce the interest rate for them."

The center is designed for West Palm Beach residents.  They can be reached at (561) 822-1575.

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