Saturday, December 22, 2007

Ohio Begs Lawyers: Help With Foreclosure Crisis

Does the Chief Justice’s call to action resonate with you? Is the mortgage crisis, as Ohio’s state treasurer says, the defining issue of our time?
clipped from blogs.wsj.com
How bad is the housing crisis in Ohio? So bad that the state’s chief justice is begging lawyers for help, and the state treasurer urges, “To anyone who wants to make a difference in the world, this is a defining issue of our time.”
Foreclosures have spiked in the Buckeye State, clogging the court system. And yesterday, Chief Justice Thomas Moyer urged lawyers to offer pro bono services to distressed homeowners, according to this NLJ story. “This is more than a legal issue; this is a social issue,” Moyer said, according to a news release. “People’s lives are being seriously affected and the legal community must respond with action.”
trustee
Ohio has among the highest foreclosure rates in the country. In 2007, foreclosure filings are up nearly 68% from last year, according to RealtyTrac.
But does the Chief Justice’s call to action resonate with you? Is the mortgage crisis, as Ohio’s state treasurer says, the defining issue of our time?
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