Delaware General Assembly

Signed 8/21/08

The General Assembly has ended, the current status is the final status.

5/7/08

Marshall

Rep. Keeley

Sen. McDowell, Henry, Blevins, Connor
Reps. Maier, Brady, Mulrooney, Plant, Kowalko, D.P. Williams

AN ACT TO AMEND TITLE 6 & 29 OF THE DELAWARE CODE RELATING TO FORECLOSURE PROTECTION FOR HOMEOWNERS

Each month foreclosure proceedings begin on about one house in every 1,000 nationwide. The growing foreclosure rate has led to a wave of equity stripping and foreclosure rescue scams. This bill regulates foreclosure consultants and foreclosure reconveyances in order to protect homeowners from foreclosure rescue schemes that deplete the homeowner’s equity.

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Takes effect upon being signed into law

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