Sunday, May 11, 2008

5 Steps to Avoid a Forclosure

1. Loan number and recent payment history

2. A brief explanation of their circumstances. Are their financial problems temporary (for example, a cut in job hours or the illness of a family member) or permanent?

3. Recent income documentation, including pay stubs or tax returns

4. A list of household expenses — utility bills, food, insurance

5. A list of other debt obligations — credit cards, car loans

Get more info

0 comments: