Mortgage Relief Available for Homeowners Who Lost Homes from Katrina
Shortly after Hurricane Katrina, Gov. Haley Barbour issued a disaster declaration to protects homeowners from mortgage foreclosures. The declaration allows state chancery court to delay foreclosure for up to two years if the landowner pays a reasonable carrying charge instead of mortgage payments. Homeowners need to file a petition to benefit from the program. A copy of the petition can be obtained at the Mississippi attorney general's Web site. A link to the petition is available below.
However, Attorney General Jim Hood recommends that homeowners use lawyers in filing the court papers. The Mississippi Center for Justice is assisting homeowners who cannot afford to hire a lawyer.
Attorney general: www.ago.state.ms.us
Petition for Mortgage Relief: http://www.ago.state.ms.us/pressreleases/mortgageinstructions.pdf
Mississippi Center for Justice: www.mscenterforjustice.org
Katrina Recovery Office: 974 Division St., Biloxi, 435-7284