County Hosts Free Foreclosure Fair & Family Finance Expo on June 19



Department of Family Services
12011 Government Center Parkway, Suite 500
Fairfax, Virginia 22035-1102

June 14, 2010

News Highlights

  • What: “Cash Counts” Foreclosure Fair & Family Finance Expo
  • Why: Get free help and information about how to recover from financial crisis, avoid foreclosure, establish good credit, develop a family budget, and more.
  • When: Saturday, June 19, from 9 a.m. to 3 p.m.
  • Where: Fairfax County Government Center, 12000 Government Center Parkway, Fairfax
    • For information about how to reach this location using public transportation, visit www.fairfaxconnector.com 703-339-7200; TTY 703-339-1608 or www.wmata.com 202-637-7000; TTY 202-638-3780.
  • Who: Northern Virginia CASH Campaign (Creating Assets, Savings and Hope). Partners include Fairfax County government agencies, community and nonprofit organizations, businesses, associations, and volunteers.
  • To register or find out more, go to www.nvacash.org or contact Thea Frisby at 703-533-5702; TTY 703-533-5316 or Theodora.Frisby@fairfaxcounty.gov

The “Cash Counts” Foreclosure Fair & Family Finance Expo takes place on Saturday, June 19, from 9 a.m. to 3 p.m. at the Fairfax County Government Center, 12000 Government Center Parkway, Fairfax, VA.

The free event hosted by Fairfax County is part of the Northern Virginia CASH Campaign (Creating Assets, Savings and Hope) www.nvacash.org. Registration is recommended, but not required.

Lenders, personal finance experts, banks, consumer protection agencies, and community-based groups will offer tools and expertise to help people recovering from financial crisis and mortgage distress, as well as those who simply want to learn how to build a family budget and establish good credit.

Loan representatives from Chase (including Washington Mutual and EMC) and Bank of America will be onsite for face-to-face meetings with clients about loan modifications and other options. For those who have mortgages through other banks, 18 housing counselors certified by the U.S. Department of Housing and Urban Development will be on hand to help them find solutions to their housing issues and discuss local, state, and federal assistance programs, including the newly launched Home Alternative Foreclosure Assistance (HAFA) Program.

Expo participants will have an opportunity to receive $50 for opening a new bank account or $100 to open an account if they use direct deposit. Participants can also get free credit reports and scores. Certified financial planners will be available to provide one-time free consultations. Trained community volunteers will provide credit counseling, help participants review their credit reports and scores, and help them develop personal budgets.

“This is an important event,” according to Sharon Bulova, Chairman of the Fairfax County Board of Supervisors. “I encourage anyone in our community who is concerned about their financial well-being, or who simply wants to learn more about budget, credit, mortgages and saving to come and access the available resources.”

Partners in this effort include: Fairfax County government departments of Family Services, Housing and Community Development, and Cable Communications and Consumer Protection; the Hispanic Committee of Virginia; Our Daily Bread; Money Management International; Enterprise Development Group; the Asian-American Real Estate Association; the Financial Literacy Network of Northern Virginia; the Business Development Assistance Group; Volunteer Fairfax; and Boat People SOS.

Fairfax County is committed to nondiscrimination on the basis of disability in all county programs services and activities. Reasonable accommodations will be provided upon request. To request this information in an alternate format, call 703-324-7758; TTY 711 or by e-mail: belinda.buescher@fairfaxcounty.gov.

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