Are there any government programs available to help me prevent foreclosure?

Yes, there are several government programs available to help you prevent foreclosure in North Carolina. The North Carolina State Foreclosure Prevention Program provides free foreclosure prevention assistance to qualified homeowners. Through this program, homeowners can receive free financial counseling, legal assistance, and other resources to help them stay in their homes. To qualify for the program, you must meet certain qualifications such as being a homeowner in North Carolina, having a loan that is at least 30 days delinquent, and your income must be at or below 120% of the Area Median Income. Another program you may qualify for is the NC Foreclosure Prevention Fund, which provides grants for mortgage payments and loan modifications for qualified homeowners. This program is funded by the U.S. Department of Health and Human Services and is designed to help homeowners who are facing financial hardship due to the current economy. You may also be eligible for the NC Home Protection Program, which provides up to $5,000 in homeowner assistance grants to help people avoid or delay foreclosure. To qualify, you must be a homeowner in North Carolina, demonstrate financial hardship, and have a loan that is at least 30 days delinquent. Finally, you may also be eligible for the NC Foreclosure Prevention Fund, which provides free legal assistance for homeowners. This program is funded by the NC Legal Aid and is designed to help qualified homeowners with legal advice and representation in court. Overall, there are several government programs available to help you prevent foreclosure in North Carolina. However, it is important to note that you must meet certain criteria in order to qualify for these programs. Therefore, it is best to contact your local HUD-approved housing counselor to determine which programs you are eligible for before pursuing a foreclosure defense law.

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