Wayne County Works to Prevent More Foreclosures in 2017
The Wayne County Treasury office is expanding efforts to minimize foreclosures in 2017.
The Wayne County Treasury office is expanding its efforts starting today to reduce foreclosures in 2017 by holding hearings this month with homeowners who have received “yellow bag” foreclosure notices.
“By law, these hearings are called ‘show cause’ hearings,” says Wayne County Treasurer Eric R. Sabree. “This office would prefer to use the hearings as an opportunity to educate taxpayers on options available through my office to possibly prevent foreclosures and help people stay in their homes. Truly, the last thing we want to do is foreclose on a home.”
Sabree says those who received the notices are encouraged to attend the hearings or to contact the treasurer’s office to discuss their situation.
Hearings will be held on Jan. 10-12, 17-19, and 24-25 on the eighth floor of 400 Monroe St. in Detroit. In addition to detailing foreclosure prevention procedures, the meetings will host several public-private alliance organizations to provide free financial counseling, assistance with energy bills, home financing, and other related services.
Sabree adds that residents concerned about foreclosure don’t need to wait for the hearings, and can contact his office during regular business hours for personalized attention to their cases.
For more information, call 313-224-5990 or visit email@example.com