Attorney offers advice to avoid foreclosure - WMC Action News 5 - Memphis, Tennessee

Reported by Ben Watson

Attorney offers advice to avoid foreclosure

MEMPHIS, TN (WMC-TV) - As the economic crisis tightens its grip on the nation, people nationwide are experiencing mortgage problems.

According to Sopna Raj, an attorney at Memphis Area Legal Services, Shelby County is no exception.

"Since 2000, I think, there have been 58,000 foreclosures in Shelby County," Raj said.

Raj, who heads up the Fair Housing Division at Memphis Area Legal Services, works with homeowners struggling to avoid foreclosure.

"We have seen a lot of lenders who are just willing to just go ahead foreclose on the home and not really work with the client at all," Raj said.

Memphis Area Legal Services is one of several HUD certified agencies working to help homeowners negotiate with their lenders.

"We negotiate on behalf of the borrowers, and in some instances we go ahead and file lawsuits," she said. "We have had about 23 predatory lending lawsuits filed in federal court."

But Raj says a lawsuit should be your last resort. She says your first step should be to contact your lender and try to work out a plan before you start receiving foreclosure notices.

If you can't pay your full mortgage each month, talk to your lender about your options -- before your only option is foreclosure.

"We're trying to prevent that, but you are going to have more people going into foreclosure, especially with the economy ," she said. "You are really going to find that as people lose jobs and lose incomes that's another reason people are defaulting."

If you have question about how to avoid foreclosure, contact Memphis Area Legal Services at 901-255-3444.


Click here to send an email to Ben Watson.

  • Trending StoriesTrending StoriesMore>>

  • Severe reaction to new sandals leads woman on a painful path

    Severe reaction to new sandals leads woman on a painful path

        One woman wants to warn people about her painful path, the result of a severe and debilitating allergic reaction.  She had no idea what she was allergic to until she visited a fourth emergency room in two weeks.    

    More >>

    One woman wants to warn people about her painful path, the result of a severe and debilitating allergic reaction. She had no idea what she was allergic to until she visited a fourth emergency room in two weeks.    

    More >>
  • 'The Phantom' serial killer of children out of prison, living in Tucson

    'The Phantom' serial killer of children out of prison, living in Tucson

    Thursday, April 27 2017 12:17 AM EDT2017-04-27 04:17:43 GMT
    Friday, April 28 2017 11:32 PM EDT2017-04-29 03:32:02 GMT
    Convicted killer William Huff was spotted riding his bicycle through a Tucson neighborhood. (Source: 3TV/CBS 5)Convicted killer William Huff was spotted riding his bicycle through a Tucson neighborhood. (Source: 3TV/CBS 5)

    William Huff terrorized Sierra Vista during the spring and summer of 1967. Despite a sentence of 40 years to life, the Arizona Board of Executive Clemency voted to release him from prison into home arrest. Family members of the victims are concerned for the safety of the community, as are new members of the Clemency Board. CBS 5 Investigates videotaped Huff riding a bike through his Tucson neighborhood. There are no restrictions placed on his proximity to children.

    More >>

    William Huff terrorized Sierra Vista during the spring and summer of 1967. Despite a sentence of 40 years to life, the Arizona Board of Executive Clemency voted to release him from prison into home arrest. Family members of the victims are concerned for the safety of the community, as are new members of the Clemency Board. CBS 5 Investigates videotaped Huff riding a bike through his Tucson neighborhood. There are no restrictions placed on his proximity to children. 

    More >>
  • 'I got 2 clips!' Impatient mom pulls out gun, threatens barber cutting son's hair

    'I got 2 clips!' Impatient mom pulls out gun, threatens barber cutting son's hair

    Friday, April 28 2017 5:45 PM EDT2017-04-28 21:45:21 GMT
    (Source: Crime Stoppers of Cuyahoga County Facebook)(Source: Crime Stoppers of Cuyahoga County Facebook)

    Police are looking for a woman who pointed a gun at a barber all because her son's haircut was taking too long.

    More >>

    Police are looking for a woman who pointed a gun at a barber all because her son's haircut was taking too long.

    More >>
Powered by Frankly