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NC foreclosure prevention program helps thousands

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RALEIGH -- Officials say a state program has helped more than 2,500 North Carolinians avoid home foreclosure through counseling. The News & Observer of Raleigh reported Tuesday that an additional 5,000 homeowners have contacted the State Home Foreclosure Prevention Project for help in avoiding foreclosure. The North Carolina Office of the Commissioner of Banks says while counseling can't help everyone, two out of three homeowners can avoid foreclosure by seeking advice. The legislature created the program which began late last year. It provides resources and free legal advice to those facing foreclosure. North Carolina homeowners in danger of foreclosure can call 1-866-234-4857. (Copyright 2009 by The Associated Press. All Rights Reserved.)

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