Fear of Foreclosure Brings Homeowners to Sports Arena for Advice

Just this past January, thousands of homeowners came to the Los Angeles Memorial Sports Arena seeking advice to save their homes from foreclosure. Workshops were being given and free one-on-one consultations with counselors were being offered by the Neighborhood Assistance Corporation of America in their Save-the-Dream tour.

The previous year's tour brought approximately 50,000 people - an indication of how many people are experiencing financial hardship and wanted to prevent losing their homes. Many attendees were concerned about their mortgage rates going up and the value of their homes going down.

Some people attended the event as a last resort, hoping that some possible last-minute solution might be presented at the tour that could help them save their home. A number of economists, according to reports, feel that foreclosures will peak this year in 2011.

Legal Help to Prevent Foreclosure

Losing a home can be a devastating experience and leaves one feeling uprooted and like a failure. In these current harsh economic times, it is not uncommon for people to be experiencing financial difficulties and legal guidance is necessary to obtain solutions.

Perhaps you are one of the people who got caught up in the subprime mortgage lending debacle and are now experiencing the ill effects. If you are in the Los Angeles area and are facing foreclosure, you should contact anOrange County bankruptcy attorney for help.

At the Law Offices of Bruce C. Bridgman, Esq., we can work with you to help you find a solution. We have experience with foreclosure defense, debt negotiation, bankruptcy and more. We offer free consultations and will go over the details of your financial situation with you in person. We will do everything in our power to help save your home.

Contact an Orange County foreclosure defense lawyer in our office to arrange an appointment.