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Archive for June, 2010|Monthly archive page

Don’t Walk Away From Home Mortgage

In Uncategorized on June 29, 2010 at 12:36 pm

Not if you plan to buy another house. Fannie Mae, the big mortgage finance company said that homeowners who intentionally default because they owe more thn the house was worth would be ineligible for new Fannie Mae-backed loan for seven years. If you owe more than your house is worth, bankruptcy could allow you to get rid of a second mortgage in some cases. Call me to discuss the details.

Required Documents

In Uncategorized on June 8, 2010 at 12:06 pm

Many documents are needed for preparing a bankruptcy petition. My clients provide some of the documents and I obtain others. My clients normally provide me with

six months of paystubs
three years of tax returns
six months of bank statements
vehicle titles
retirement statement
The items I usually obtain for clients include

Deeds and mortgages for Hamilton County real estate
real estate appraisals for Ohio chapter 13 cases
credit reports
counseling services
There are other documents needed in some cases. When you meet with me I provide you with a list of documents that pertain to your case.