Safe you Finance

You’re paying your bills, but your landlord isn’t. And you’re the one holding the eviction notice. What should you do if you have such a notice or believe one is coming?

"Don’t panic or stick your head in the sand," says Robert Baker with Housing and Credit Counseling Inc. in Kansas. Here are some actions you should consider taking:

— Call the sheriff’s department. Find out how long the foreclosure process takes. Is it 60 days or 90? Then you’ll have a timeline.

— Get on the Internet. The U.S. Department of Housing and Urban Development outlines tenant rights by state on its website, www.hud.gov. Some states, including California and Illinois, allow grace periods.
— Contact the lender or the lender’s attorney on the eviction notice. Find out if you can sign a new lease or if the bank is offering cash assistance for moving out.

— Contact a local nonprofit housing counseling agency for help no teletrack payday loan. HUD’s website lists agencies by state, or you can call its toll-free number 1-800-569-4287.

— Find out about your landlord’s financial situation. Go to the county courthouse or its website and do a rudimentary background check. Or, contact your local Better Business Bureau.

— Check to see if your landlord isn’t making repairs; maybe it’s because he can’t pay for them.

— In the meantime, save your money for a rainy-day fund.

Source