AP Audit Articles
- Best Practice Steps You Can Take to Proactively Avoid the Recovery Audit – Duplicate Payment DilemmaDuplicate payments can be among the most nagging issues for any A/P department. They take time and resources to research, yet the longer you wait to uncover them the harder it can be to recover the funds. Implementing a proactive approach to avoid the risk of duplicate payments can save your company thousands of dollars Read More... […]
- Lavante Expands Customers, Adds Innovations in Technology, and Experiences Revenue Growth in 2011It’s been an incredible time at Lavante over the last year, and the excitement continues into 2012. I covered some of the advances Lavante made last year in a short video segment, but I wanted to talk about a few other areas, namely around our technology advances and the benefits our customers say that Lavante Read More... […]
- Lavante and Basware Launch 2012 Future of AP Seminar Series in Houston, TexasOn Thursday, February 16, we were happy to co-host the first of a our Future of AP: Five Top Changes Coming to AP lunch & learn series in Houston, Texas. We had a record turnout, with a great cross section of companies represented – across industries and size of organization. As usual, the session offered Read More... […]
- How One Healthcare Provider Applied Lavante to Clean Up Vendor File and Drive Recovery Dollars – Recapping a Recent Industry Conference SessionLast month at the IFO’s HPAS conference I had the pleasure of co-presenting a session with Jennifer Barnett, former AP Manager of Summa Health and current AP Manager for Walmart Foundation. The session, entitled Moving Beyond Manual Processes to Improve AP Efficiencies, focused on how while at Summa Health, Jennifer had worked to move away Read More... […]
- Benefiting from a Prescription for Clean Data: A Case StudyA recent case study developed by Spend Matters details how a North American and global procurement organization for a top five pharmaceutical company applied a defined exercise and solution implementation from Lavante to discover where it had excess risk exposure, lack of policy compliance, over payments and other cost driving issues. The procurement organi […]
Home loan foreclosure, don’t let it happen to you
The threat of foreclosure can be very demoralizing and alarming if you don’t know what you’re facing. If you know the steps leading up to foreclosure, you can do something about it. That’s why you need to take the time to learn the foreclosure process and save your family from mortgage foreclosure.I like to share this interesting Dutch article geld lenen zonder bkr toetsing.
The moment you miss that first mortgage payment, the steps on the way to foreclosure are set in motion. The lender will send you a notice about the fact that you’re behind in payments. If you pay your unpaid bills, they will leave you alone. You’ll get calls from the mortgage company if you stay in default. If you speak with them, they will officially announce to you that you are in default. If you’re going through this process right now, it is imperative you get in contact with your lender.
If you reach your lender and explain your hardship, you may be able to get mortgage loan modification. Going through this process can be one of the best ways to prevent mortgage foreclosure. If you get behind on payments for more than 3 months, chances are that your lender will start the foreclosure process. Most lenders will hold off a bit longer, but the foreclosure notice will hit your doorstep soon enough.
When that foreclosure letter lands on your welcome mat, you’ve got a problem. You can attend the court hearing and try to stall the foreclosure process, but you will lose because you’re clearly offending the terms of your mortgage. When the court hearing is finished and the decision has been made, the bank receives the right to sell your house through an auction. As soon as that decision is made, you only have days left to leave your home. The local sheriff will evict you if you do not leave the house yourself.
Talk with your lender before it gets to this point. Many times, mortgage loan modification can be an answer to your problems and it would be a pity to squander that chance. Study the mortgage loan modification process and fill out the paperwork right to get the best chance of being accepted.
Filed under News by on Aug 26th, 2010. 
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