Next to your Liberty, Dignity and Self Respect, the prospect of losing your home, the home that you worked so hard for and filled with so many memories, the threat of Foreclosure to most people represents a catastrophe of an unbelievable magnitude. Unfortunately for residents of Texas the process is brutally efficient! When your lender, many times arbitrarily, decides that it is in their best interest to forcibly sell your home they merely have to give you twenty one (21) days notice and then proceed to auction your home on the steps of the County Court House on the first Tuesday of the month. They are not interested in the fact that you may or may not have established significant equity, they just want their money. In many cases the lender will bid on the property themselves and end up owning your home! So much for the American dream!
To add insult to injury, if you do not stop the foreclosure process, the Internal Revenue Service (IRS) requires all lenders to report all foreclosures on form 1099, the miscellaneous income report. You might be required to report income from the forgiveness of debt. And, if the sale of your home does not exceed the amount of money remaining on your loan, your lender is entitled to seek a deficiency judgment against you! The deficiency judgment can stay on public record for ten (10) years, and maybe more.
I can stop the foreclosure process if you act in time! BY PROVIDING THE NECESSARY INFORMATION TO ME, I WILL BE ABLE TO GIVE YOUR FINANCIAL CONCERNS AND PROBLEMS IMMEDIATE ATTENTION.
We can collect almost all of the information needed via this web site. The alternative is try to bring all of your records to our office after making an appointment; its your choice. However, the feedback that we have received is that it is a much better use of time to use the web to enter the details from the location where the records are kept. This way we will only need to do a final review and sign the legal papers when you get to our office.
The first step is to setup a private space in our database where you can provide necessary details. Just enter your email address and your choice of password now.