Las Vegas no longer #1 in foreclosures, thanks to Nevada Foreclosure Mediation Program
Sometimes you don’t want to be #1. And we were extremely happy to hear earlier this month that Las Vegas has dropped to #5 for the highest foreclosure rate in the U.S.
The positive drop is being attributed by many to the Nevada Foreclosure Mediation Program, including Channel 8’s LasVegasNow.com (“Nevada No Longer Leads in Foreclosures”) and on SEC Realty’s real estate blog.
With 75 new mediators recently added to the already existing team of 95 mediators, there are now 170 foreclosure mediators helping Nevada homeowners sit down with their mortgage lenders and figure out solutions that enable them to stay in their homes and avoid foreclosure.
Help Stop Foreclosure Las Vegas
On this blog we’ve been helping Las Vegas residents fight against foreclosure and educate themselves as to the options available. And there are almost always options available. So it’s good to see that the efforts of Nevada’s citizens and institutions are finally having an effect.
To learn more about foreclosure and new bankruptcy laws that have been created to help protect Nevada homeonwers, please contact us for a free foreclosure consultation. We’re not only good bankruptcy attorneys in Las Vegas, we’re part of the Las Vegas community as much as you are, and we want to do our part to help you and to help Las Vegas get back on our collective feet.