I was reading an article on BNET about home foreclosures. Let me quote:
Under a New York state law passed in 2008, banks and mortgage services must meet with subprime mortgage holders in a “settlement conference” before a foreclosure case goes to trial. The goal is for lenders and borrowers to come up with an equitable way to keep people in their homes without breaking the bank.
I like that idea. I have many students who have mortgage problems and none have ever mentioned a settlement conference so I assume Arkansas has no such law. Could we do something like that? Those people could use some help.