Debt Management Credit Counseling Corp (http://www.dmcconline.org), a nonprofit organization (DMCC), has HUD funding available to help South Florida homeowners avoid foreclosure at no charge. DMCC will identify options available to homeowners and assist them with implementation, including preparation of loan modification documents. Interested homeowners should contact DMCC immediately at 866-618-3328 while funding and resources remain available.
Lighthouse Point, FL (PRWEB) August 20, 2012
Debt Management Credit Counseling Corp (http://www.dmcconline.org), a nonprofit organization (DMCC), announced today that it still has grant funds available from the U.S. Department of Housing and Urban Development (HUD) to provide free foreclosure prevention assistance to homeowners in Broward County and Palm Beach County, Florida. DMCC was awarded a grant in March as part of more than $42 million in housing counseling grants awarded by HUD to 468 national, regional and local organizations. Homeowners interested in taking advantage of this free service should contact DMCC immediately while funding and resources remain available.
DMCC housing counselors will review all options to avoid foreclosure with the homeowner and recommend the option that best meets their financial situation. If obtaining a loan modification is a recommended solution that the homeowner desires, DMCC will help the homeowner prepare and submit the required documents to their lender. “Our goal is to identify all available options for the homeowner to avoid foreclosure, and assist them in implementing the option they choose”, said Jeremy Montanti, DMCC Housing Director.
DMCC provides this service free of charge to homeowners, along with personal budget counseling and other financial education. Debt management plans to assist consumers with the repayment of credit card accounts are also available. Lower credit card payments obtainable through debt management plans, combined with budgeting, is an option that may provide sufficient relief for homeowners to enable them to afford their monthly mortgage payment.
In order for homeowners to maximize the options available to them to avoid foreclosure, it is imperative that they seek assistance as soon as they know they will not be able to meet their mortgage payments. Once a mortgage lender commences foreclosure proceedings, many options cease to be available. DMCC cautions that homeowners who have already received a foreclosure notice from their lender with a Date of Sale are recommended to seek legal counsel for assistance. Homeowners wishing to take advantage of this free service should contact DMCC at 866-618-3328, Monday through Thursday 9:00am to 5:00pm ET or Friday 9:00am to 3:00pm ET, and ask to speak with a housing counselor.
About Debt Management Credit Counseling Corp.
DMCC is a 501c(3) nonprofit organization committed to educating consumers on financial issues and providing personal assistance to consumers overextended with debt. Education is provided free of charge to consumers via seminars, workshops, a proprietary financial literacy program, and a vast array of online and printed materials. Free personal counseling is provided to consumers to identify the best options for the repayment of their debt. DMCC is a HUD Approved Housing Counseling Agency, is approved by the U.S. Trustee to provide bankruptcy counseling and education, and has an A+ rating with the Better Business Bureau.