Oakland County Treasurer Andy Meisner is urging property owners in Oakland County to beat a statutory March 31st deadline for tax foreclosure by entering into a monthly payment plan and applying for the Step Forward Michigan Loan Rescue Program, which provides eligible families with up to $30,000.
“We want taxpayers to get out in front of the March 31st deadline for property tax foreclosure by paying their taxes or simply getting on a payment plan, which over 5,000 taxpayers have already done,” said Meisner.
Oakland County property tax foreclosures peaked in 2012 with around 1,650, and are expected to be fewer than 800 in 2015. Property tax foreclosure in Michigan is administered by the county treasurer under Public Act 123 of 1999, and involves a 3-year process of notices, interest and fees and eventual loss of property.
Meisner’s office works to share information with delinquent taxpayers about resources, including free financial counseling, and the Step Forward Michigan Loan
Rescue Program, which provides up to $30,000 to eligible taxpayers.
“We want every eligible Oakland County family to receive support from the Step Forward Michigan Loan Rescue Program because preventing foreclosure is good for our families, neighborhoods and bottom line,” said Meisner. “672 Oakland County taxpayers have already received over $5.7 million in assistance, and we’re working to make more funding available.”
Information about the payment plans offered through the County Treasurer’s Office and the Step Forward Michigan Program is available at www.oakgov.com/treasurer.
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