House Bill #1276 has started its path towards debate on the house floor. The Colorado legislation would make it possible for a homeowner to delay foreclosure.
Basically, once a notice of foreclosure is sent to the homeowner, they would have 20 days to contact a government agency. That agency would then decide if the home-owner gets a 90 day window to delay foreclosure and try and work out a solution to their mortgage payment issues with the mortgage lender.
You can read the rest of the story here.
First thing you must know about defending the home against foreclosure is you have rights. You need to know what those rights are. For anyone who is blind to your rights, you then don't have any rights. As more and more homeowners find out about this issue, a lot of people are understanding how to deal with the problem.
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