Visitors will find a link to helpful information through the “Welcome” section of the senator’s Web site, including a downloadable PDF document in brochure format.
“Homeownership is a source of tremendous pride and an important milestone on the road to achieving the American Dream,” Wiggins said. “Unfortunately, more and more Californians are facing the possibility of home foreclosure due to unforeseen circumstances.”
Legislators have introduced a number of bills designed to help.
Wiggins is co-authoring two of those bills: SB 1055, authored by Sen. Mike Machado (D-Linden), which would provide state income tax relief to borrowers who have had mortgage debt forgiven by their lenders; and SB 1137, authored by Senate Leader Don Perata (D-Oakland), which would enact a comprehensive package of foreclosure reforms designed to prevent unnecessary residential foreclosures from further worsening the state and local economy and housing markets.
“While we hope to get those bills approved soon, information is currently available to assist individuals who may be facing home foreclosure,” Wiggins said. “Through my Web site, people will be able to find helpful info, along with a list of organizations that may be able to help them get through the difficult times and help them keep their homes.”
Wiggins represents the North Coast, including Lake County, in the State Senate.
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