Category: Articles, Business & Commerce, Collection Litigation, Financial/Economic, Resources for Attorneys, Working With Experts FACE TIME WITH ASSET DISCOVERY FOCUSING on ASSETS to COLLECT AND EVALUATE SETTLEMENT TASA ID: 3877 ANALYZE THE AMOUNT DUE ON THE MORTGAGE or DEED OF TRUST. Math Sleuths. The loan amount is $750,000. The probable rate of interest is 5.25%. The term is 30 years, the date of the mortgage is August 1, 2017. The monthly payments are $4,142.00. The unpaid balance is $738,518. Assuming a loan to value ratio of 75%/Value, the purchase was $1,000,000 and down payment $250,000.00. Assuming that the monthly payment must equal one quarterly monthly payment, the gross income of the defendant is about $16,000 a month or makes $192,000.00 a year. Read more
Category: Articles, Collection Litigation, Resources for Attorneys, Working With Experts #1 - F.A.C.E. TIME WITH JUDGMENTS Find Assets to Collect and Enforce TASA ID: 3877 Check out the first CHECKLIST on F.A.C.E. TIME WITH JUDGMENTS: Find Assets to Collect and Enforce. Feel free to print this out and utilize. Read more