Calls to Colorado foreclosure hot line soaring |

Calls to Colorado foreclosure hot line soaring

The Associated Press
Aspen, CO Colorado

DENVER ” The Colorado Foreclosure Hot Line says the number of callers seeking help to keep their homes has increased by an average of 28 percent per month over the past year.

The hot line said Tuesday it has received more than 52,000 calls since it opened it October 2006, but some were people who called more than once.

The hot line says about 10,300 callers met face-to-face with a housing counselor, and of those, more than 8,000 avoided foreclosure.

It says the 28 percent monthly rate of increase in calls was between November 2007 and last month.

The hot line was started by the Colorado Division of Housing and gets funding from the state, the Colorado Association of Realtors and others. It is staffed by volunteers.

Support Local Journalism

Support Local Journalism

Readers around Aspen and Snowmass Village make the Aspen Times’ work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Each donation will be used exclusively for the development and creation of increased news coverage.


Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User