Wednesday, August 27, 2008

Avoid Foreclosure

By Diaz Hayes


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.

How soon can Benefacts help me? We can help a majority of new clients immediately. Our trained solution specialists have successfully worked with homeowners in all stages of the foreclosure process. However, the sooner you call us, the better chances we have of preventing the bank from taking your home. Call 1 to find out exactly how we can help you stop, prevent or delay the foreclosure action against your home - FREE 24-hour recorded message.We're local. Do you trust sending your money to a company you can't see or touch? Stop in and visit us at one of our branch offices. We help you with all your debts. Most credit counseling companies include only credit cards and unsecured loans on a program.

What if I just can't find a way to keep my house? There are times when the situation is so dire that a person just won't be able to prevent foreclosure in the end. If worse comes to worst, we try to help by offering to buy your house at a fair price. Contact us immediately so we can analyze the situation immediately.The most common sign that you may need to file for bankruptcy is that you cannot pay your debts as they come due.

FAQ - What if my house is in really bad shape? That's OK. If we can determine up front that we can make a ""win, win"" situation then we'll buy it and our agreement will be specifically marked ""AS IS"" We Buy Houses ugly houses, damaged houses or pretty houses in Florida including but not limited to the following Cities and Counties - Broward County, Cooper City, Coral Springs, Dania Beach, Davie.Yes we can. If you act fast! In Georgia you only have four weeks before your house is sold.

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.

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