Minnillo & Jenkins, CO. LPA
Hyde Park, Eastgate, Fairfield, Covington: 513-723-1600
Portsmouth: 740-300-2022
Call For A No-Pressure, Free Consultation

Ohio foreclosure rates fall, though some still suffer

There is good news in economic reports that have come out over the past several months. As the Great Recession fades for people in Ohio and elsewhere, the number of foreclosure cases and distressed properties has begun to decline. The evidence of this was apparent in a recent report of such matters in the state.

According to the report, the number of foreclosure cases has fallen in one Ohio county to levels not seen since 2000. In fact, the number is expected to fall a full 25% over the coming year. Authorities also expect that the trend for foreclosure cases will continue to fall as the devastation from the recession fades.

However, there are still nearly 2000 homeowners and families who may face foreclosure in Ohio this year. The people in these situations may have experienced medical costs, job losses, divorces or other economic stressors. In such situations, it can be difficult for a homeowner to maintain paying a mortgage, which only adds to the stress the homeowner is likely already experiencing.

When a homeowner in Ohio is facing foreclosure, his or her questions may be many and varied. The effort to save their home can cause some emotional strain as well. Because of this, many find that it is helpful to seek advice from professionals who have experience in these types of situations. Attorneys experienced in foreclosure defense are most likely aware of programs and other strategies to help make the foreclosure process easier for their clients. In many cases, the process can even end with homeowners staying in their homes.

Source: ohio.com, "Foreclosure lawsuits tumble in Summit County", Rick Armon, July 8, 2017

No Comments

Leave a comment
Comment Information
Email Us For A Response

How Can We Help You?

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Contact us right now for a free bankruptcy consultation

NACBA - National Association of Consumer Bankruptcy Attorneys

Proud Member NACBA

We are proud members of the NACBA, a national organization dedicated to serving the rights of consumer debtors. Read More

Super Lawyers

Jenkins Named Super Lawyer!

Founding partner, Christian A. Jenkins, was selected by his peers and the media as a Super Lawyer. Read More

Hyde Park Office
2712 Observatory Avenue
Cincinnati, OH 45208

Phone: +1-513-723-1600
Cincinnati Law Office Map

Eastgate Office
792 Eastgate South Dr
Suite 150
Cincinnati, OH 45245

Phone: +1-513-723-1600
Cincinnati Law Office Map

Fairfield Office
447 Nilles Rd
Suite 9
Fairfield, OH 45014

Phone: +1-513-723-1600
Fairfield Law Office Map

Covington Office
526 Philadelphia St.
Suite 5
Covington, KY 41011

Phone: +1-513-723-1600
Map & Directions
Covington Law Office Map

Portsmouth Office
612 Chillicothe Street
Portsmouth, OH 45662

Phone: +1-740-300-2022
Map & Directions
Portsmouth Law Office Map