PRESS RELEASE/WEB NOTICE
More than 30,000
Massachusetts homes will face foreclosure in 2007, and approximately 10%
are owned by seniors. Unfortunately, many homeowners do not seek advice
or assistance until a foreclosure sale auction is imminent.
Solutions may be
available however to salvage your home or to preserve valuable equity in
your property. Seniors may be entitled to property tax abatements, fuel
assistance, cash benefits, or health coverage that might then reduce
your household expenses and free up income for mortgage payments.
Mortgage lenders may be willing to restructure a loan or reduce an
interest rate on an existing loan.
may also provide a senior with an opportunity to stop an auction and in
doing so gain time to possibly sell the property or arrive at a plan to
pay the mortgage arrearage. More options may be available to the senior
who seeks assistance early rather than waiting until an auction is
Seek legal assistance if
you are behind on your mortgage payments and if your mortgage payments
are more than you can afford. South Middlesex Legal Assistance
(1-800-696-1501) offers free legal assistance to seniors who are behind
on their mortgages and at risk of foreclosure.
AN ACT REGARDING CHOICE
OF LONG TERM CARE SETTING
A landmark bill was
signed into law which will allow many more low-income seniors and
disabled adults to be able to receive the state-funded home care
services they need in their own homes or in the community rather than in
Entitled “An Act Regarding Choice of Long Term Care Setting,” the bill
provides for elders and disabled to receive a pre-admission counseling
prior to long-term care placement about home care / community care
options that are less restrictive such as home care, adult foster care,
or day care.
Should these persons
choose home care or community care options over nursing home placement,
the funding that would have gone to reimburse the nursing home for the
individual’s care can now instead be used to pay for home care /
community care services.
In other words, the
“dollars follow the person” as his / her setting of care changes.
New state legislation
also creates a work force registry to match consumers with caregivers,
retains the right of persons with disabilities to have control (hiring /
firing) over their personal attendants, creates a council to recruit and
train caregivers, provides a network of backup / substitute caregivers,
and allows attendants to join unions. This is key legislation as the
turnover rates for caregivers is between 40 and 60 percent annually