Plenty of ‘Hot Spots’ Even As Foreclosures Cool in Maryland

While property foreclosures in Maryland dropped by nearly 30 percent in the third quarter for the fifth consecutive quarterly decline and the lowest quarterly filings since the first quarter of 2007, the 20 foreclosures in Elkridge were enough to earn it the designation of being a “hot spot,” Elkridge Patch reported on October 25, 2011. Locations were labeled “hot spots” if they had more than 10 foreclosures in a quarter.

According to Patch, Fort Washington in Prince George’s county had 66 foreclosures, the most in Maryland. Tiffany Smith, the chief of staff of Howard County Housing, told Patch that she thought people are still really trying to get a hold of information. “I think that we are well past the time where there is a stigma attached to asking for help,” Smith said. “A house is the most important type of investment for people. I think if you need help, you should take a chance on yourself and ask for it.”

If you have been looking for foreclosure help, Maryland bankruptcy attorney Kevin D. Judd can help you fight to keep your home. Our firm can not only assist you in completing a bankruptcy means test to determine whether you can file for a Chapter 7 bankruptcy, but can also determine if you should file Chapter 7. Kevin D. Judd will help make sure you thoroughly understand the Maryland Chapter 13 and Chapter 7 bankruptcy process. If you are living in fear of foreclosure, contact our office today to get the help you have been looking for.

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