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Hewitt Financial Group – Income Tax & Financial Planning

Have you filed your tax return yet? If you haven’t, don’t panic. Whether you need personal or business tax or financial planning services, they can help. Contact Hewitt Financial Group for an office or phone consultation. They service clients throughout California.

Hewitt FinancialHewitt Financial Group specializes in providing the necessary resources to achieve client goals by providing superior tax and financial planning services. They have been in business since 1984. They have ten tax preparers in the offices year round – four are Enrolled Agents (EA) licensed in the United States Department Treasury, two are Certified Financial Planners (CFP), six are Investment Advisor Representatives and one is a QuickBooks Certified Pro Advisor.

If you have any questions or would like more information on their services, please feel free to email them at info@hewittfg.com or call 800-573-4829. Please explore their website Here

Mortgage Lenders Pursue Homeowners Even After Foreclosure

no foreclosure.thumbnail A lot of people are unaware of what happens when the bank forecloses on homeowners. CNN Money article below gives valuable information for homeowners who are contemplating foreclosure. We recommend that you speak with a reputable and experienced Realtor to discuss your options.

Mortgage lenders pursue homeowners even after foreclosure
By Les Christie, staff writer , On Wednesday February 3, 2010, 8:18

As terrible as it is to lose your house to foreclosure, at least it’s a relief to put your biggest financial headache behind you, right? Wrong.

Former homeowners may still be on the hook if there’s a difference between what they owed on their mortgage and what the bank could sell it for at auction. And these “deficiency judgments” are ticking time bombs that can explode years after borrowers lose their homes.

It can even happen to people who got their bank to approve them selling their home for less than it is worth.

Vanessa Corey, for example, short sold her Fredericksburg, Va., home in April 2008. She and her husband built the house in 2004, but setbacks, both personal (divorce) and professional (housing bust), made it impossible for the real estate agent to keep her home. So she negotiated the short sale and thought that was the end of it.

“My understanding was that the deficiency was negotiated away,” she said. “Then, last November, I got a letter from a lawyer telling me I owed my lender $65,000. I had to declare bankruptcy. There was no way I could pay it.”

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