The Durango Herald 01/19/2011 | State bill extends foreclosure program

The Durango Herald 01/19/2011 | State bill extends foreclosure program: "The best way to save a house in foreclosure is for the homeowner to not ignore bank notices, said Margaret Chapman of the Colorado Public Trustees Association.

“I cannot even tell you how many people put their head in the sand and don’t even open their mail,” Chapman said. “They know they’re in trouble. They panic.”

Homeowners who work with housing counselors to modify their loans have a much greater chance of remaining in their houses.

The foreclosure-delay program allows public trustees like Chapman to delay a foreclosure sale for three months."