If your bank is threatening to foreclose on your home, you are going to need to fight back against the foreclosure. Here are a few things that you can do to help your attorney fight the legal process that the bank has started against your home.
#1 Gather All Paperwork That You Can
The first thing that you need to do is get together all the paperwork that you can that related to your home. You are going to want to gather every bank statement that you can that shows that you made payments on your home going back as far as you can. These bank statements should also help show your financial status.
Next, you need to get together all paperwork that shows any communication that the bank has sent you. That includes your monthly payment statements, and any warning about late payments. If you have copies of any responses you made to any statements that the bank sent you, you are going to want to gather those as well
Finally, you need to get the original loan agreement that you signed with the bank. There could be terms or clauses in the original loan agreement that that bank has to follow. If the bank does not follow these steps exactly as they are written, then they do not have legal ground to foreclose on your home.
Having all of this paperwork handy will help your foreclosure attorney get to work right away fighting to save your home from foreclosure and protect all the money that you have invested in your home.
#2 Be Honest About Your Financial Situation
Second, you need to be honest about your financial situation. You need to let the attorney know if you have had any job losses or income changes. You need to let your attorney know if you were late with any payments. Your foreclosure attorney does not need to know your entire life story; however, they do need to know all about your financial situation, as this will help them fight your foreclosure and get you the agreement that you need with your bank to save your home.
You should share your monthly or weekly income with your attorney. You should share how often you get paid and what type of debt that you are dealing with. This will help set your attorney up in a proper fashion to defend you and your home. Talk with a firm like DeSanto and Kellogg Law Office LLC for more advice.