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I wanted to pass along this great article about Colorado Foreclosures from the Rocky Mountain News.

Governor Bill Ritter and Senator Ken Salazar are urging Colorado Homeowners to use the free counseling hotline for those in the danger of Foreclosure.  The hotline connects homeowners with about a dozen nonprofit counseling agencies.  Since October of 2006, it is estimated the hotline has helped approx. 5600 families keep their homes.

Senator Salazar said those who call the hotline have found an 80% success rate in the re-negotiation of their mortgage contract.

To reach the Foreclosure Prevention Hotline, call 1-877-601-HOPE