Attorney General Sets Troubled Homeowner Event In Schaumburg

Housing counselors from Attorney General Lisa Madigan’s office and mortgage lenders will provide information on loan modifications and other assistance to distressed homeowners during a Help For Homeowners event Saturday in Schaumburg. The event at the Community Recreation Center, 505 N. Springinsguth Rd. from 9 am to 1 pm is sponsored by a group of mid-suburban State Reps and State Senators including Elgin's Michael Noland.

Homeowners hoping for a loan modification should bring the following stack of stuff:

Most recent pay stubs (2 months) for all wage earners/household members with income
If receiving government benefits, current award letter (including unemployment benefits)
If receiving child support, copy of current court order and proof of payments
Most recent bank statements (2 months)
Most recent W-2s for all sources of income
Most recent federal tax returns (2 years)
Complete & accurate budget
Letter explaining reason for default/inability to afford current mortgage payments
Recent utility bills
Recent mortgage statement
Recent Homeowner Association Assessment (if applicable)
Recent property tax bill
Homeowners insurance declaration page.

For more information about the event or to learn more about mortgage options, the Attorney General’s Homeowner Helpline at 1-866-544-7151.