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Nonprofit Assistance Expands for Struggling Homeowners as Foreclosures Begin New Surge in Florida

 
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Orlando-based InCharge Debt Solutions says its HUD-approved services more critical than ever in 2012

ORLANDO, Fla., March 8, 2012 /PRNewswire/ -- At a time when Realtor.com reports that eight of its "Top 10 Turnaround Towns" are in Florida, nonprofit InCharge Debt Solutions is gearing up for what it believes will be an increasing need for foreclosure prevention assistance in 2012 in the Sunshine State. 

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"Realtor.com's report showed that some of the state's markets are showing improvements in new and existing home sales, but there are still some major concerns as Florida's 2011 statistics showed a foreclosure rate of 11.9 percent and an unemployment rate of 9.9 percent," said Billie Passmore, InCharge's Director of Outreach for Housing.  "We are hopeful that some of the recent proposed changes in government programs (HAMP, HAFA and HARP) will result in a slowdown in foreclosures and mortgage payment delinquencies."

RealtyTrac, Inc. reported that Metro Orlando foreclosure filings in January 2012 were up 54 percent over the same month one year earlier, and 33 percent over December 2011.  "It is no secret that Orlando appeared on RealtyTrac, Inc.'s Top 10 list of foreclosures listings in the country as recently as October 2011, and the firm's latest numbers show that we're not out of the woods yet," noted Passmore.

The number of clients seeking foreclosure prevention assistance from InCharge grew by 361 percent from 2010 to 2011, and indications are that this trend will continue this year.  "We believe foreclosure filings leveled off in late 2011 due to legal issues and typical end of the year slowness, and in 2012 the need for housing counseling will once again grow," predicted Passmore.

InCharge serves Florida homeowners with foreclosure prevention counseling, pre-purchase counseling, and free homebuyer education workshops, in addition to a wealth of educational materials and helpful information on its website, InCharge.org.

Please call 877-712-6040 for free foreclosure prevention counseling or to find out about the next InCharge Foreclosure Prevention Workshop held in Central Florida.

InCharge Debt Solutions, a 501(c)(3) nonprofit organization, provides bankruptcy counseling, credit counseling, and housing counseling services to consumers and servicemembers in need of financial literacy education, money management guidance, and help finding the right debt solution for their specific situation.

For more information, contact InCharge Debt Solutions:

About InCharge® Debt Solutions
InCharge® Debt Solutions is a 501(c)(3) non-profit organization specializing in personal finance education, housing counseling, bankruptcy services, and credit counseling. Founded in 1997, InCharge interacted with over 1.1 million consumers in 2011 alone.  InCharge is affiliated with InCharge® Education Foundation, Inc. (ICEF) which is dedicated to providing educational products, services and research supporting the personal financial literacy of consumers across America.  ICEF also provides financial literacy training to servicemembers and their families through MilitaryMoney.com.  InCharge is a member of the National Foundation for Credit Counseling (NFCC), and is accredited by the Council on Accreditation (COA). 

Contact: Media Relations

InCharge® Debt Solutions

(407) 532-5599

mediarelations@incharge.org

SOURCE InCharge Debt Solutions

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