Sussex County to host foreclosure prevention seminar

Georgetown, Del., Sept. 28, 2009: The Sussex County Department of Community Development & Housing will host another free foreclosure prevention seminar for those trying to avoid the loss of their homes.

The next seminar will be held from 3 to 7 p.m. Thursday, Oct. 8, 2009, at the Carlisle Fire Company, 615 NW Front St., in Milford. The event is open to the public, and guests may visit at any time between 3 and 7 p.m.

Delaware continues to experience a high number of foreclosure filings statewide, a trend that began in early 2008. This past July, Sussex County recorded 149 filings, a one-month record for the county. Officials hope to lower that figure through public education.

Gerry Kelly of the Office of State Bank Commissioner will discuss the foreclosure timeline in Delaware, various options available to people behind in their mortgage payments, and the latest information on programs available to residents.

In addition to Mr. Kelly, foreclosure counselors will be available to field questions from homeowners. Lenders also will be on hand to discuss mortgage modifications. There also will be an opportunity to have one-on-one sessions with the specialists after the seminar. For more information, call (302) 855-7777.

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