Homeowners facing foreclosure get help

August 1, 2009 3:00:18 PM PDT
Thousands of homeowners coping with financial problems went to a South Side church Saturday looking for help.The Neighborhood Assistance Corporation of America (NACA) conducted a seminar at Sweet Holy Spirit Church. Homeowners struggling to pay their mortgages and facing foreclosure were invited to attend. NACA tries to help people restructure their loans.

Rising costs and falling paychecks are the reasons many people are having trouble.

"My job was cut back in manufacturing, and so, [I'm] just having a tough time paying the bills," said homeowner Michael Miller.

"I have to work a lot of overtime, if you can get it to make it. You know, I have adult children that don't have jobs that I've co-signed for. I'm not in foreclosure, but I'm almost there," homeowner Debra Ross said.

"I think this is just a microcosm of the nation, and if we look, we'll see that cities all over are just like this," said Cook County Board President Todd Stroger.

Stroger organized Saturday's and said he expected to have other similar events at least through the end of the year.


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