LCCR Action: Tell Your Representative to Stop Foreclosures and Help Our Economy
From the Leadership Conference on Civil Rights, a Half in Ten partner –
Take Action Now:
Call 202-224-3121 and urge your representative to support the Helping Families Save Their Homes Act (H.R. 1106), which would assist in stabilizing our economy by letting homeowners modify their mortgages in bankruptcy court and reduce foreclosures.
As early as this Thursday, March 5, the House of Representatives could vote on a broad package of initiatives in the Helping Families Save Their Homes Act (H.R. 1106). This bill is designed to help end our financial crisis by reducing the massive number of families losing their homes to foreclosure. It is estimated that 6,600 families are losing their homes to foreclosure every single day. Last week, President Obama announced his support for these initiatives.
A critical component of H.R. 1106 would provide homeowners with a final option to prevent foreclosure through the Chapter 13 bankruptcy process by setting up realistic and affordable mortgage payment plans. This last resort gives homeowners, local communities, and the economy an opportunity to recover from this current crisis, without cost to taxpayers.
We can’t end the financial crisis without stemming the rising tide of foreclosures. Call 202-224-3121 and urge your representative to support the Helping Families Save Their Homes Act (H.R. 1106), which would assist in stabilizing our economy by letting homeowners modify their mortgages in bankruptcy court and reduce foreclosures.
