Golden Age? Major legal assistance site notes it is getting big spike in people looking for foreclosure help

An under-the-radar warning signal is flashing in the US housing market

Americans are increasingly inquiring about help with home foreclosure issues, data from attorney services platform LegalShield shows.

LegalShield publishes a quarterly report on its Consumer Stress Legal Index, an economic indicator that tracks financial stress on US households, based on data from over 150,000 monthly calls with attorneys.

The most recent update found that legal requests related to foreclosure have reached their highest level since March 2020, the month when the COVID-19 pandemic thrashed the US economy.

"Most economic stress measures tell you how people feel," Matt Layton, SVP of consumer analytics at Legalshield told Business Insider. "The CSLI tells you what they do. When a household calls a lawyer about their mortgage or their debt, that is not sentiment — that is a decision made under real financial pressure."

https://www.businessinsider.com/housing-market-warning-signal-foreclosures-help-search-bankruptcy-economy-2026-4