What information do I need to provide to my lender for foreclosure defense?

In order to effectively build a strong foreclosure defense case with your lender in Virginia, you need to provide them with as much information as possible about your current circumstances and financial state as it relates to your home. Some of the key information you should make sure to provide to your lender includes your current income level, a record of all payments made on the loan, and a list of any financial hardships you’ve experienced that may have caused you to fall behind on payments. If relevant, you should also provide proof of any efforts you’ve made to try and pay off the loan, such as any agreements you’ve reached with updated payment plans or repayment plans. You should also keep copies of any correspondence you’ve had with your lender, including emails, phone calls, or letters. Finally, if you’ve had specific financial hardships due to the COVID-19 pandemic, it’s important to provide proof of those to your lender to ensure that your case is taken seriously. Overall, the more relevant information you can provide to your lender to support your foreclosure defense case, the better position you’ll be in. Make sure to document any and all conversations you’ve had with your lender or their representatives, and provide as much detail as you can. With the right documentation and evidence, you can make a strong case for foreclosure defense in Virginia.

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