For the last two years Yuriy Shor has worked as a case negotiator at Freeman Saxton & Associates, PC, formerly known as the Secure Law Center. Prior to joining the Atlanta-based firm, Yuriy Shor earned a bachelor’s degree in accounting at Georgia State University.
At the Georgia State University School of Accountancy, students receive comprehensive, up-to-date coursework designed to teach both basic accounting skills and higher-level analytical techniques, which are necessary for success in the accounting industry today. The accounting program has been deliberately planned to prepare students for further education in the field. The university has also structured the undergraduate program to serve as a springboard into careers or continued education in law or business management.
Through the Business Mediterranean Style and Emerging Economies programs, undergraduates are given opportunities to travel abroad to countries like Russia, South Africa, Greece, and Turkey. The school offers a number of accounting scholarships, such as the George Allen Chance III Scholarship and the Henry F. Stabler Award.
As a case negotiator for the Secure Law Center in Atlanta, Yuriy Shor has negotiated with numerous banks to help clients avoid foreclosure. Formally educated in business and finance, Yuriy Shor comes to his role backed by an associate degree in business administration and a bachelor’s degree in accounting.
For homeowners who are behind on mortgage payments, the best chance at avoiding foreclosure may be negotiating with the bank. Whether doing so with the help of a professional or alone, a homeowner should begin by researching foreclosure rules in his or her home state. Some states do not allow banks to sue for the difference between the amount collected from a foreclosure sale and the total mortgage funds owed; in this case, the bank may be more willing to agree to a deal with the borrower. In addition, homeowners should understand all relevant debt collection laws, as violation of any such law or any missing forms can stall the foreclosure process and buy the borrower more time.
A borrower should then examine federal programs that may allow him or her to alter the existing mortgage. For example, the Home Affordable Refinance Program allows qualified buyers to refinance into a fixed-rate mortgage, while the Home Affordable Modification Program lowers payments for certain borrowers based on income. Whether or not one of these programs is applicable, the borrower should discuss potential partial payment plans, late payment forgiveness, or term alteration with the bank’s loan modification officer. If these efforts are unsuccessful, a federally approved housing counselor can help a homeowner develop alternate terms of negotiation.
A graduate of Georgia State University, Yuriy Shor earned a bachelor’s degree in accounting. Yuriy Shor also possesses an associate’s degree in business administration from Georgia Perimeter College, where he served as the student government association (SGA) president.
Georgia Perimeter College’s SGA organization is made up of an executive, legislative, and judicial branch. Serving as the voice of the student body, SGA works with students, the administration, and community members to sponsor events, allocate activity funds, and maintain order through the school’s student court system.
Students interested in becoming a part of Georgia Perimeter College’s SGA must submit an application by the designated deadline and agree to fulfill the position requirements. Among the requirements are attending all senate meetings, participating in campus leadership programs, and completing weekly office hours. To be considered for the SGA governing body, applicants must have and maintain a minimum grade point average (GPA) of 2.5 and be enrolled in school at least part-time. In addition, the candidate must attach to his or her application a petition showing the support of 25 students and an outline of their intentions while in office.
An accounting and tax professional, Yuriy Shor began working at Freeman, Saxton & Associates, PC, in 2012. As a case negotiator with the firm, Yuriy Shor worked with mortgage lenders to adjust foreclosure terms, which helped clients keep possession of their homes.
Fighting a foreclosure is one of the many options a homeowner can choose when served with a notice. Using a qualified attorney, a homeowner charged with foreclosure can enter into legal proceedings in an effort to keep his or her home. Legal action must commence within 30 days of the notice, at which time the homeowner’s attorney obtains documentation showing negligent record keeping, attempted mortgage inflation, and other paperwork that serves as justification to overturn the foreclosure ruling.
During the litigation process, the homeowner is not required to make monthly payments. In addition, the homeowner can look into other options to help them financially, including making modifications to their existing loan, moving out, and selling the property.
Yuriy Shor serves as a case negotiator at Freeman Saxton & Associates, PC, in Atlanta. Prior to his current position, Yuriy Shor worked as an accounting coordinator with United Controls International and completed a tax internship with Martin & Orr, LLC.
Tax season makes many Americans nervous, but people should view their tax return as an opportunity to make sure they get what they are owed from the government. A number of strategies exist to achieve this goal. One tactic that married couples might consider is the “married filing separately” status. Most couples file jointly, believing they will receive a larger return. However, this is not always true, as the IRS takes a percentage of adjusted gross income (AGI) to determine whether some deductions are eligible. When a couple files separately, each spouse receives a lower AGI. The lower the AGI, the more deductions are eligible for each spouse.
In addition, many individuals shy away from including large amounts of deductions because they worry that the IRS might not consider all of them or view them as suspicious. As long as deductions are legitimate, people should include them. However, it is wise to learn considerations for specific deductions. For example, an individual can deduct moving and travel expenses when relocating for a new job as long as the new job is 50 or more miles away.
Prior to earning his bachelor of business administration in accounting at the Georgia State University Robinson College of Business, Yuriy Shor obtained an associate degree in business administration from Georgia Perimeter College. While there, Yuriy Shor was elected president of the Student Government Association (SGA).
The Georgia Perimeter College SGA governs according to its Constitution, a document that outlines the rules and explains the checks and balances of the organization. According to the document, the SGA can appoint student representatives to various school committees to ensure that the student body’s interests are represented.
Much like the US government, the SGA performs duties through several branches: executive, judicial, and legislative, as well as a programming board, known as the Jaguar Activity Group, or JAG. Candidates for JAG undergo an extensive application and interview process. Once assembled, JAG members maintain responsibility for planning educational and entertainment events for students at the college.
When facing foreclosure on a home, certain options are available to delay the process. Because both parties, the homeowner and the lender, have an interest in avoiding foreclosure, the odds of succeeding in postponing a foreclosure are good, especially with the right choice on what to do next. Possible options include:
1. Loan modification. Negotiating with the lender for partial payments, principal reduction, or trial payments during a specified period can stave off foreclosure. This is the best option for the homeowner, as it means keeping the home under reduced payment terms.
2. Short sale. In a short sale, the lender accepts payment for less than the value of the mortgage to transfer the home to a new buyer. Submitting a valid purchase and sale agreement can persuade the lender to postpone foreclosure.
3. Bankruptcy. Filing for bankruptcy might seem like something to avoid, but it is preferable to foreclosure. In some bankruptcy cases, it can even be possible to keep the house if the homeowner is current with mortgage payments. When considering filing for bankruptcy, it is advisable to consult with an attorney.
About Yuriy Shor: A graduate of Georgia State University, Yuriy Shor successfully postpones multiple foreclosures each month as a Case Negotiator at the Secure Law Center in Atlanta.