Brooklyn – Councilman David G. Greenfield is making one final call for area residents and business owners to settle outstanding water and sewer bills and property taxes ahead of the city’s annual lien sale. The final day to resolve a dispute and avoid sale of a lien is May 7th. In addition to the sale of debt for those homeowners who are delinquent on water bills and property taxes, the Department of Environmental Protection will also terminate water service for homeowners who do not resolve their water debt.
“I cannot stress how important it is to resolve these debts,” said Greenfield. “My office can help you work out a payment plan with the city and avoid what could be a crippling financial burden if your debt is sold.”
The amount a property owner owes is guaranteed to skyrocket once the lien is sold, because the lienholder is entitled to receive a 5% surcharge on the entire lien amount, plus 18% interest, compounded daily, and administrative fees associated with the sale of the lien.
Last week, Councilman Greenfield hosted a special communitywide outreach event where hundreds of area residents and business owners came in to resolve overdue water and sewer charges and avoid liens against their property. In addition to lien assistance, information was available regarding foreclosures, securing low-interest loans, the Senior Citizen Homeowners Property Tax Exemption Program (SCHE), and the Home Energy Assistance Program (HEAP).
“We were able to help over one hundred constituents last week, but there are hundreds of others who aren’t going to get the help they need before May 7. I urge anyone who thinks they might be impacted by this lien sale to call my office at 718-853-2704 for assistance.”
(YWN Desk – NYC)
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One Response
Well, if so many people are delinquent in their utility and tax bills, perhaps it time for these too big for their boots companies to stop being such pigs and ripping off the poor middleclass hard earners. and for residents it is high time we change to the cheaper utility providers.