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BANK OF AMERICA - SAVE THE DREAM TOUR

By R. Grace Rodriguez, Esq.

ATTENTION BANK OF AMERICA HOMEOWNERS!!!!!!!!

On January 20, 2011 through the 30th, Bank of America's "Save The Dream Tour" will be at the Los Angeles Sports Arena from 9:00 a.m. to 8:00 p.m., located at 3909 South Figueroa Street, Los Angeles, CA.

I have recommended to my clients to go there the day before and get in line the night before and CAMP OUT.  You will need to bring the following documents.

What to Bring?Proof of Income and Residency
In order to provide proof of residency and income, you?ll need to collect a set of the following documents for everyone listed on your home loan. Please be sure to bring photocopies of your documents?not the originals. These documents include the following:

• 2 most recent pay stubs, or, if self-employed, quarterly or year-to-date profit/loss statement
• 2 most recent bank statements for all checking and savings accounts
• Most recent utility bill showing your name and property address

All of the following that may apply:

• Other income (such as social security, disability, death benefits, pension, adoption assistance, public assistance, or unemployment) along with a benefits statement or letter from the provider that states the amount, frequency and duration of the benefit
• Income from alimony, child support or separation* along with the divorce decree, separation agreement or other written agreement filed with the court
• Rental income along with copies of the most recently filed signed federal tax return with all schedules, including the Schedule E (Supplemental Income and Loss) or a current lease agreement
• Non-wage income (part-time employment, bonuses, tips and investment income), if more than 20% of total income, requires copy of documentation describing the nature of the income (for example, an employment contract or printouts documenting tip income)
• Proof of homeowners/condominium association fees

*You are not required to disclose child support, alimony or separation maintenance income, unless you choose to have it considered.

If you don't get your loan modification at the Sports Arena, then please contact us and we can show you alternatives to saving your home!

Full post as published by The Law of Second Chances on January 11, 2011 (boomark / email).