City to Offer Help for Struggling Homeowners

September 15, 2010

Chicago real estate foreclosure rates are at an all-time high.

Are you having trouble paying your mortgage? Don’t become one of the statistics. There is help.

The City of Chicago is hosting a Borrower Outreach Day this Saturday at Prosser Career Academy High School.

At this event, homeowners can:

*Meet with lenders and credit counselors

*Receive loan work-out sessions with counseling agencies

*Get access to free legal assistance on foreclosure issues

*Learn about mortgage refinancing options

*Get information on financial literacy programs

In addition to this Saturday’s event, the city will also hold Borrower Outreach Days on:

*Saturday, November 13; 9:30 a.m. to 2 p.m.; Wells Community Academy High School, 9376 N. Ashland, Chicago

*Saturday, December 11; 9:30 a.m. to 2 p.m.; Corliss High School, 821 E. 103rd St., Chicago

What: Borrower Outreach Day

When: Saturday, September 18; 9:30 a.m. to 2 p.m.

Where: Prosser Career Academy High School, 2148 N. Long Ave., Chicago

Register: You must register for these events by calling the Department of Community Development at (312) 744-3653.

More: For more information on this program, dial 311 or visit

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[...] next City of Chicago Borrower Outreach Day is scheduled for Saturday, November 13 from 9:30 a.m. to 2 p.m. at Wells Community Academy High [...]


[...] has the ninth highest foreclosure rate in the country, so the city of Chicago is holding a foreclosure prevention event this Saturday to try to help some people [...]

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