Groups Launch Pro Bono Foreclosure Network
A trio of bar groups yesterday announced the formation of the Bar
Association Foreclosure Network of New York City, a cooperative pro
bono effort by lawyers in three boroughs.
From the New York Law Journal (subscription required) :
The network will address a
"citywide crisis" in mortgage foreclosures by providing a central
resource for information and training in the cause of helping
homeowners, according to Jeannie Costello, executive director of the
Brooklyn Bar Association's Volunteer Lawyers Project. The New York City
Association Justice Center and the Queens County Bar Association are
the other participants. The network is an outgrowth of a city bar
project in May in conjunction with the Federal Reserve Bank of New
York, in which some 125 lawyers were recruited to counsel New Yorkers
facing loss of their homes due to the subprime mortgage crisis. – Thomas Adcock
Through our Foreclosure Prevention Projects, Legal Services NYC is at
the forefront of the national fight against predatory lending practices
in the subprime lending market. Predatory lending practices lead to
foreclosure, homelessness, financial devastation and loss of
hard-earned equity (which is the sole source of wealth for many lower
income homeowners), displacement of long-time residents and
destabilization of neighborhoods.
Legal Services NYC's work includes providing legal assistance,
including advice, advocacy and litigation services, to homeowners;
providing advice and assistance to community-based organizations on
specific cases;and helping to coordinate and provide training for
foreclosure prevention advocates throughout the City.
Foreclosure Assistance programs are offered at Legal Services NYC- Bronx, Brooklyn Legal Services Corporation A, South Brooklyn Legal Services, and Staten Island Legal Services.
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