Avoid Foreclosure

Question: What happens if I do not pay my tax bill? Answer: Tax payments must be received on or before the due date to avoid interest charges. If payment is not made within 30 days of the original date of mailing, the account will begin to accrue interest at the rate of 14% computed from the date the bill was due.A demand notice will be sent and a demand fee of $5.00 is charged against the account. Please note that the demand notices are only sent on the 4th quarter bills.When property is mortgaged, the property is transferred to a creditor to be used as secured collateral on a loan.

What happens if I do not pay my tax bill? Tax payments must be received on or before the due date to avoid interest charges. If payment is not made within 30 days of the original date of mailing, the account will begin to accrue interest at the rate of 14% per annum, computed from the date the bill was due. A demand notice will be sent and a demand fee of $5.00 is charged against the account. If the account remains outstanding 14 days after the issuance of the demand notice, a warrant notice is sent. The warrant fee is $9.00.Documentation for medical expenses would be copies of unpaid medical bills within the past 6 months. An eviction notice or letter from the landlord stating the amount needed to prevent eviction or foreclosure is acceptable documentation.

Why would anyone pay for this service? You offer your client one of the most important services they will ever need. You will be SAVING THEIR MOST VALUABLE INVESTMENT - FROM FORECLOSURE! The cost of moving is far greater than our fee for saving their home. In addition to helping stop the foreclosure process against their home and saving their equity, you can also prevent a possible tax liability to your client.

Can you help me improve my credit rating? We do not do credit repair services but we do strongly recommend the nation’s leader in credit repair, Lexington Law Firm. Right now, of course, the best thing you can do to help your credit is to prevent foreclosure. Click here to contact USLM for a free eligibility assessment.Bankruptcy is about giving debtors a fresh start and it would not be much of a fresh start if you found yourself out on the street. So the bankruptcy system does have ways to protect your home. Bankruptcy is often used by homeowners as a tool to prevent foreclosure. By filing a bankruptcy petition you can stop a incomplete foreclosure proceeding. But you need to be serious about reorganizing or otherwise dealing with your debts.

What are the restrictions for a hardship withdrawal? Generally, a hardship withdrawal may be made to prevent foreclosure on your primary residence, purchase your primary residence, pay for post-secondary education and for medical bills not paid by insurance. You will be required to submit proof such as bills or a foreclosure notice and you could even have to consent to a credit check.Bankruptcy can prevent a foreclosure of your house or a repossession of your car. An automatic stay arises by law the instant a bankruptcy is filed. The automatic stay stops the foreclosure process and prevents any collection actions, such as repossessions or garnishments. Bankruptcy may also allow you to consolidate your mortgage arrears or automobile balance, and make payments on those debts over time through a repayment plan designed by your Attorney.

What about my house? Bankruptcy is about giving debtors a fresh start and it would not be much of a fresh start if you found yourself out on the street. So the bankruptcy system does have ways to protect your home. Bankruptcy is often used by homeowners as a tool to prevent foreclosure. By filing a bankruptcy petition you can stop a incomplete foreclosure proceeding. But you need to be serious about reorganizing or otherwise dealing with your debts. A haphazard filing can do more damage in the long run.