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| Groups Launch Pro Bono Foreclosure Network |
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A trio of bar groups yesterday announced the formation of the Bar Association Foreclosure Network of New York City, a cooperative pro bono effort by lawyers in three boroughs. From the New York Law Journal (subscription required) :
Through our Foreclosure Prevention Projects, Legal Services NYC is at the forefront of the national fight against predatory lending practices in the subprime lending market. Predatory lending practices lead to foreclosure, homelessness, financial devastation and loss of hard-earned equity (which is the sole source of wealth for many lower income homeowners), displacement of long-time residents and destabilization of neighborhoods. Legal Services NYC's work includes providing legal assistance, including advice, advocacy and litigation services, to homeowners; providing advice and assistance to community-based organizations on specific cases;and helping to coordinate and provide training for foreclosure prevention advocates throughout the City. Foreclosure Assistance programs are offered at Legal Services NYC- Bronx, Brooklyn Legal Services Corporation A, South Brooklyn Legal Services, and Staten Island Legal Services. |
