Financial hardship. What to tell your bank?

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In this video i'm going to talk about whether or not your hardship should be ongoing or whether or not your hardship should have an end date.

The question here is on a lot of loan modification applications they're going to ask you has your hardship ended or is your hardship ongoing. Before i tell you the answer think in your head let's make a guess together, does a bank who wants your money to pay them your mortgage payment on the money they lent you.

Bank doesn't call you a person, doesn't call you a friend rarely even calls you a homeowner - the bank calls you a borrower, meaning you took money from them and you owe it to them.

Watch the video till the end, so you can learn more about this interesting topic.

00:00 - 00:15 - Let's discuss topic "Hardship. What to tell your bank?"
00:16 - 02:13 - Full explanation of the topic
02:14 - 02:28 - If you have any questions, please contact Sternberg Law Group

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#sternberglawgroup #foreclosureattorney #mortgageattorney Disclaimer: The information provided in this video is for general informational purposes only and is not intended to be legal advice. Viewing this video does not create an attorney-client relationship. If you require legal advice, please consult a licensed attorney in your area