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Grand Traverse County Treasurers Office Heidi M. Scheme, Treasurer POLICY Boneyard Financial Hardship Extension from Foreclosure 2016 (2014 and prior years delinquent taxes to be withheld from foreclosure
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01
Gather all necessary financial documents such as income statements, bank statements, and tax returns.
02
Calculate your total income and expenses for the past year.
03
Identify any financial hardships you have faced, such as unexpected medical bills or job loss.
04
Create a budget to track your income and expenses for the next year.
05
Prioritize your expenses and determine which ones can be reduced or eliminated.
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Explore options for additional income, such as part-time jobs or freelance work.
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Research and apply for any financial assistance programs or grants that may be available to you.
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Document any special circumstances that may impact your financial situation.
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Complete the necessary forms or applications for the one-year financial hardship program.
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Submit your application along with all supporting documents to the appropriate agency or organization.
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Follow up on your application and provide any additional information or documentation as requested.
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Monitor your financial situation regularly and make adjustments as needed.

Who needs one-year financial hardship?

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Individuals or families who have experienced a significant decline in their financial circumstances over the past year may need to apply for a one-year financial hardship program. This may include people who have lost their jobs, faced unexpected medical expenses, or experienced a decrease in income for other reasons. The program is designed to provide temporary financial assistance to those who are struggling to meet their basic needs.
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One-year financial hardship is a formal request to the appropriate authority for assistance due to financial difficulties experienced over a period of one year.
Individuals or organizations facing severe financial challenges can file for one-year financial hardship.
One-year financial hardship forms can be filled out by providing detailed information about the financial situation, including income, expenses, debts, and any other relevant financial details.
The purpose of one-year financial hardship is to request assistance or relief from financial obligations due to unavoidable financial challenges.
Information such as income, expenses, debts, financial assets, and any other relevant financial details must be reported on one-year financial hardship forms.
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