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The CURA publications library is currently being digitized by the University of Minnesota Digital Conservancy. When the project is complete, the entire CURA publications library will be online and fully searchable. Unfortunately, during this process we are not able to honor individual requests for publications . Additionally, we no longer have physical copies of publications to send out.

New publications are digitized daily and the publications catalog on the CURA website is not automatically updated with links to scanned copies, so please search the CURA collection at the Digital Conservancy for the publications you are looking for:

Who Seeks Home Foreclosure-Prevention Counseling?

Luong, Alexandra.

The primary goal of this study was to examine whether individuals facing home foreclosure who seek financial counseling differ from those who choose not to seek financial counseling. The author surveyed homeowners who had received preforeclosure notices regarding their financial-counseling behaviors and perceptions of services received. Results indicated that older, more educated homeowners facing foreclosure were more likely to seek counseling. In addition to these demographic factors, homeowners not employed at least part-time, those living in the property under foreclosure, and those who perceived greater financial stress were more likely to seek counseling. A second goal of this study was to examine subjective perceptions of financial counseling for foreclosure; results indicated primarily positive experiences. Based on the findings of this research, financial-counseling agencies should be more proactive in increasing the number of homeowners who seek financial counseling regarding their foreclosure situation; furthermore, interventions should target those who would not seek counseling but would otherwise benefit from such services.

CURA Reporter
Publication date: 
Minneapolis: Center for Urban and Regional Affairs, University of Minnesota.
The research upon which this article is based was supported by a grant from CURA’s Faculty Interactive Research Program, and conducted in collaboration with LSS Financial Counseling Service.
42 (2): 28-32
Online availability
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CURA call number: 
Reporter 42 (2)

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