Home ownership was once the pinnacle of making it in life. While this was once the goal, a new goal became evident during the housing crash. Now, keeping a home out of foreclosure is the sad reality. If you are on the verge of losing your home because of the pile of debts associated with it, one option open to homeowners is to declare bankruptcy. While it has its problems, you may have the ability to save your home from foreclosure if you choose this route. These are some of the things you need to present to a lawyer to help your case.
One of the most important pieces of information that you need to help you avoid foreclosure in Hamilton, OH is a list of your current living expenses. This list also includes how much you are paying for your mortgage. You will need proof to back up what you are spending on bills and the mortgage. You should make sure to include a copy of your mortgage contract.
Another important piece of information to provide to Dean Snyder Attorney at Law is a copy of your tax returns and paychecks. This information is required as a part of declaring your bankruptcy in court. You may need to submit more than one year of tax returns. Make sure to have copies on hand of all of your recent tax returns and make copies of your paycheck stubs for your own records.
You will also need a list of your different creditors as well as the amount of debt owed to each. The amount of your mortgage is also a part of this paperwork. Since your mortgage is also considered a type of living expense, it can be considered a necessity. This may help you to avoid foreclosure in Hamilton, OH. But this information is used to determine which creditors have to be negotiated with.
This is the paperwork that you need if you decide to go through the bankruptcy route in an attempt to save your home. While it may not always be possible to prevent foreclosure, a bankruptcy may put you back on a path to financial health. After a few years, home ownership might be back within your reach.
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