Foreclosure Intervention and Default Counseling

The financial impact of the housing crisis has resulted in record numbers of foreclosures and notices of default. As a HUD-approved Local Housing Agency, we are striving to increase the number of people in the Asian American communities who are low-to-moderate income and have limited English proficiency to be market-ready, educated home buyers and to decrease the number of foreclosures and eradicate predatory lending practices that have targeted this population in record numbers.

ASIAN, Inc. offers individual counseling sessions to help clients prevent foreclosure and avoid costly financial mistakes. Our counseling sessions include:

  • In-depth financial counseling and budgeting
  • Debt management and repayment programs
  • Information about community resources and credit management tools
  • Detailed action plan for resolution
  • Information on foreclosure prevention options:
    • Loan modification
    • Forbearance plan
    • Short sale
    • Deed-in-lieu
    • Reinstatement plan