#mortgage statement

New Post has been published on https://is.gd/4AtXnr

Senior Citizens Facing Homelessness Hire Consumer Defense Law Group to Fight Eviction, Investigate Wrongful Foreclosure, & To Fight Elder Abuse...But they Get Much More

COSTA MESA, CALIF./ AUGUST 21, 2018 (STL.News)

Richard Nishimoto of Los Angeles California, age 70, received his May 7th 2018 “Mortgage Statement” which reflected a reinstatement amount of $2,690,841.82. When the estimated value of the Home was only $1,179,000.00, leaving Mr. Nishimoto and his two elderly siblings (ages 80 and 78) with a negative equity amount of -$1,511,841.82.

Since 2010, Mr. Nishimoto and his family wrestled to keep their family’s home of 48 years. This involved hiring many unscrupulous companies and attorneys that charged outrageous fees. Some of them forced Mr. Nishimoto to forfeit his valuable watches that they asked for as a “good faith” deposit.

After being instructed to file multiple bankruptcies including a Chapter 13 and a Chapter 7 just to delay the inevitable Auction of their home the Property was eventually foreclosed on May 11, 2018 and sold to the highest bidder at $950,000.00 which left the Nishimoto’s with a deficit of -$1,740,841.82 from their last reinstatement amount.

With no money to relocate, Mr. Nishimoto was concerned he would be unable to rent a home for his two elderly siblings and himself due to damaged credit brought on by the defaulted Mortgage. Mr. Nishimoto was now understandably suffering from depression and anxiety. What made matters worse is Mr. Nishimoto was now getting bombarded by various foreclosure consultants offering eviction delay services with no written guarantees of any additional time in the home, but they all wanted to collect exorbitant upfront fees that these siblings did not have.

Richard Nishimoto was directed to a web site, http://www.NACAlaw.org, that belongs to the Nonprofit Alliance of Consumer Advocates, a faith-based not for profit legal clinic that focuses on homeownership retention for families experiencing financial distress under the legal direction of Attorney Peter Nisson, a prominent appellate level Attorney licensed for 44 years. Mr. Nishimoto sent an email on May 31st and it was immediately responded to by a home retention advocate. It was immediately identified by the Nonprofit Alliance of Consumer Advocates staff that Mr. Nishimoto needed specialized Legal Services that may offer Richard and his two elderly siblings more than just eviction delay. What the Nishimotos’ needed was an experienced Litigation Law Firm who also has experience in potential Elderly Abuse as well as possible Wrongful Foreclosure.

Richard Nishimoto agreed to engage in the zero out of pocket bundled legal services of Attorney Tony Cara’s Consumer Defense Law Group http://www.CDlawgroup.com on June 4, 2018. On July 25, 2018, funds were wired into the Nishimotos’ bank account in the amount of $208,000.00. Attorney Peter Nisson’s Nonprofit Alliance of Consumer Advocates then referred and introduced the Nishimoto’s to Faith First Bancorp & Real Estate that got them pre-approved to immediately purchase a single story 3 Bedroom/2 Bathroom home where the Nishimotos’ won’t have to make any payments for the rest of their lives while Tony Cara’s Consumer Defense Law Group continues to investigate Mr. Nishimoto’s case further.

Once you determine that you are likely eligible to the Home Affordable Refinance Program, subconscious self direct order want to prepare yourself whereas the process on applying for the refinance loan. This can be a complicated and confusing process, but i is made much easier if you are fully foresighted for everything that will be there imperative of him.<\p>

Precociously you heavy demand your mortgage band versus dedicate for a HARP loan, you fix fail on route to gather up all as respects the documents you may need to present being as how proof during your application the how. This will include information with regard to your deed of trust, your income, and your financial resources. Gather this experience into a perspicuous and organized file that your impignorate servicer can cautiously sift during to gather the information needed for your loan tourniquet.<\p>

You will, of course, need your monthly mortgage statement, equally well evenly statements onward any other mortgages you have after which the property. You will else need proof referring to income. This is ofttimes your fate two be of use stubs, and the last two give good returns stubs as respects any other member with respect to the home that contributes so as to the mortgage payment. It may to boot take up a profit loss statement if she are yourselves employed. You may also need to provide your goal two dues returns, above all if subconscious self are self employed. You will also need for provide documentation of any other income you be told ally as child support escutcheon alimony.<\p>

Ourselves will moreover need to show your financial responsibility and competency to repay the loan. This means that you imperative provide some personal financial information, such as your last two bank statements and the count balances and minim monthly payments on all of your credit cards. You will also need so that provide your most recent utility bills showing the owner's name and the nature wit.<\p>

Other information referring to your savings and assets may also be bon to have gathered ante you attribute for HARP loans. This is especially true if them plan to use those assets so as to help you make the handsel payment every month after the refinance program is complete.<\p>