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Post-Homeownership Counseling and Lease Cancellation Prevention
| Post-Homeownership Counseling and Lease Cancellation
Prevention
Counseling needed to prevent lease cancellation will play an important role in DHHL homeownership. With current market conditions showing signs of increased mortgage foreclosures because of the sub-prime mortgage crisis, it is important that DHHL lessees be prepared. How the sub-prime mortgage crisis affects DHHL lessees is unknown, but one thing is sure, qualifications to pre-qualify for a mortgage has tightened, making it difficult for people to receive credit. HOAP offers post-homeownership and lease cancellation prevention counseling that helps clients prepare for circumstances that may cause financial distress. The loss of a job, medical hardship, increasing debt, or other hardships that cause financial distress should be addressed early to prevent foreclosure on a home. Service providers will be available to provide solutions for families who need financial planning to prevent lease cancellation or mortgage foreclosure. |
Service Providers
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Consumer Credit Counseling Service of Hawaii |
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Helen N. Wai, LLC |
