The Oregon Housing Stabilization Initiative -- a program that can make up to a year's worth of mortgage payments for you, if you have suffered a drop in income -- is opening a new pilot to serve Lake and Klamath Counties now, and then rolling out statewide in early 2012. If you are having trouble paying your mortgage because of income losses or job losses, you might qualify for OHSI assistance, which comes in the form of payments that are then forgiven over five years. Thus, when all is said and done, you might have a year of payments made and wind up not having to pay them back. It's worth checking out to see if you qualify, and you can sign up to be on the email list for more information.
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John Gear Law Office LLC; 503-339-7787; John@JohnGearLaw.com. My office is in Suite 208B of the Security Building in downtown Salem. That's at 161 High St. SE, across from the Elsinore Theatre, just a block south of Marion County Courthouse. There is abundant, free, 2-hour on-street parking throughout downtown. #### #### #### Lawyerly fine print: Licensed in Oregon. This site may be considered advertising under Oregon State Bar rules. There is no legal advice given or intended on my site. I'm not your attorney unless we have met in person and entered into a representation agreement; while I hope you will consider me when you seek an attorney, you should not hire any attorney based on brochures, websites, advertising, or other promotional materials.