Millions of homeowners are facing tough times regarding financial crisis but thankfully there many active laws and consumer groups to protect such home owners. If you are having trouble paying your bills or your income cannot support your monthly expenses and you are unable to make your mortgage payments; government and forensic audits services can help you out of the situation. Forensic audits are used whenever lawyers or law enforcement officials need reliable data on a party's financial status or activities. Obtaining an audit should be the first step on your quest to successfully modify your home loan. A forensic audit is similar to the tax audits performed by IRS agents. Overall, a forensic audit is an inspection of an organization's or individuals economic affairs, which result in a report designed particularly for use in a court of law. This inspection procedure strives to establish a comprehensive picture of an entity's finances which is required to prove the actual situation of a lender for paying off loan amount. A forensic audit can have several goals, including mapping cash flow/cash transactions, recognizing accounting errors and enumerating total assets.
Art Fried guides you on the best way to protect your home from financial crisis
Art Fried is an experienced financial hardship specialist who helped number of individuals having difficulties with their financial status, saving their houses from foreclosure and other tough situations. His advices come up as the most appropriate solution to all your financial problems. Art Fried addressed that bank groups are agreeable to forensic audits as they are an authorized way to resolve the issue and it is the best way to help homeowners in the terrible foreclosure situations. According to Art Fried views, forensic audits truly help the person to prove his case with the support of inklings and the facts, which was previously ignored by the authorities. The auditors of forensics department use the actual paperwork that is generated when a mortgage is written and then they follow the trail of the mortgage as it gets sold and transferred and resold again once it enters the hallowed halls of the "system".