« Ind. Courts - Settlement avoids judicial mandate action in Hammond | Main | Ind. Decisions - Court of Appeals issues 6 today (and 21 NFP) »
Thursday, February 26, 2009
Ind. Courts - Training on new loan modification programs
"An Update on Foreclosure Prevention through Loss Mitigation and Loan Modifications," sponsored by Indiana Legal Services, Inc. the Indiana Supreme Court, and the Legal Aid Society of Southwest Ohio and the National Consumer Law Center, with support from the Indiana Housing & Community Development Authority and the Institute for Foreclosure Legal Assistance, will take place March 6th. More from the notice:
This 6.5 hour CLE (and CEU for housing counselors) will help you understand and leverage new loan modification programs driven by the current mortgage crisis. Topics include the prevalence of modifications in the current environment, new crisis driven workout programs, the mechanics of arranging a workout, working with servicers, tax consequences, credit repair, and working through a loan modification case study. Attorneys and housing counselors seeking to prevent foreclosures are the primary audience.Cost for attorneys is $50.
A press release from the Supreme Court today begins:
Indiana attorneys will be trained to join the fight to help stem the mortgage crisis through pro bono representation. Chief Justice Randall T. Shepard recently announced a plan to train more judges and lawyers than any other state on how to deal with foreclosure cases. The massive training effort begins March 6th with a special education session dedicated to mortgage foreclosure issues that the Indiana Supreme Court is co-sponsoring along with Indiana Legal Services, Inc. and the Legal Aid Society of Southwest Ohio. At this training, and at others, the Indiana Supreme Court will offer scholarships to private attorneys who complete the training and agree to handle one mortgage foreclosure case on a pro bono basis.The goal is to train hundreds of attorneys and judges across the state on how to help families in jeopardy of losing their homes. The program includes an effort to provide free legal help to homeowners in need of assistance. Chief Justice Shepard explained, “It makes sense that a person who is facing a financial burden so severe that they may lose their home cannot afford to hire an attorney to review their foreclosure case. That is why we are recruiting volunteer attorneys to help people who are in need of assistance.”
Posted by Marcia Oddi on February 26, 2009 08:38 AM
Posted to Indiana Courts