D. Kimberli Wallace, Attorney at Law

D. Kimberli Wallace, Attorney at Law updated their phone number.

There are still options if one is behind on mortgage payments because of the COVID-19 pandemic. Loan modification or a payment deferral are a few examples.

The Consumer Financial Protection Bureau has finalized a new rule which allows servicers to streamline their loan modification process for borrowers with COVID-19-related hardships by not making them submit all the paperwork for every possible option. Also this new rule also provides more protection for homeowners struggling due to financial hardships.

We can help break down the options and new procedures.
Call for free consult.

Foreclosure moratorium has ended leaving many homeowners worried about losing their home.
We can help homeowners with alternatives to stop the foreclosure to save their home.

We service Tarrant, Denton, Collin and Dallas Counties

D. Kimberli Wallace, Attorney at Law updated their address.

Mandatory face coverings in public for any county with more than 20 positive Covid-19 cases. This order applies to all commercial entities buildings and spaces open to the public, including outdoors, wherever it is not feasible to maintain six feet of social distancing from those outside of your household. Read article for full details.

Gov. Abbott this afternoon issued an Executive Order requiring Texans to wear face coverings in public in any county with more than 20 positive COVID-19 cases.

The order applies to all commercial entities, buildings and spaces open to the public, including outdoors, wherever it is not feasible to maintain six feet of social distancing from those outside your household.

The exceptions to his order include:

- Children under 10 years old
- Anyone with a medical condition or disability that prevents wearing a face covering
- Eating or drinking, or seated in a restaurant to eat or drink
- Exercising or engaging in physical activity outdoors (as long as distance is maintained)
- Driving alone or with passengers from the same household
- Obtaining a service that requires temporary removal of the face covering for security surveillance, screening or a need for specific access to the face (i.e. visiting a bank or obtaining a personal care service involving the face), but only to the extent necessary for the temporary removal
- While in a swimming pool, lake or similar body of water
- Voting, assisting a voter, serving as a poll watcher or actively administering an election (though a face covering is strongly encouraged)
- Actively providing or obtaining access to religious worship (though a face covering is strongly encouraged)
- Giving a speech for a broadcast or to an audience

Not excepted from the requirement are those attending a protest or demonstration involving more than 10 people who are not practicing safe social distancing of six feet from people outside their household.

Following a verbal or written warning for a first-time violation, the order includes a fine of up to $250 for subsequent violations.

“Wearing a face covering in public is proven to be one of the most effective ways we have to slow the spread of COVID-19,” he said. “We have the ability to keep businesses open and move our economy forward so that Texans can continue to earn a paycheck, but it requires each of us to do our part to protect one another—and that means wearing a face covering in public spaces. Likewise, large gatherings are a clear contributor to the rise in COVID-19 cases. Restricting the size of groups gatherings will strengthen Texas’ ability to corral this virus and keep Texans safe. We all have a responsibility to slow the spread of COVID-19 and keep our communities safe. If Texans commit to wearing face coverings in public spaces and follow the best health and safety practices, we can both slow the spread of COVID-19 and keep Texas open for business. I urge all Texans to wear a face covering in public, not just for their own health, but for the health of their families, friends, and for all our fellow Texans.”

The governor also issued a proclamation giving mayors and county judges the ability to impose restrictions on outdoor gatherings larger than 10 people.

Revocable Trusts vs. Irrevocable Trusts

Revocable trusts are created during the lifetime of the maker of the trust and can be altered, changed, modified or revoked entirely. The irrevocable trust cannot be altered, changed, modified or revoked.

Each type of trust conveys the title of a property to a trust. Transferring the assets to a trust then helps heirs to avoid probate as the trust owns the asset at the time of the death of the maker of the trust.

Call for a free consult to discuss your estate planning needs. We are available for telephone calls or video conferencing.

FORECLOSURES in time of COVID-19

Most counties in the DFW area have placed a temporary ban on foreclosures. If someone is facing financial hardship and unable to pay their mortgage, whether or not it is due to the Coronavirus, now is the time to contact your lender to see what options are available to help defer mortgage payments before this ban is removed.

If options are not available or the loan is too many months in default, we can work with the bank for you to keep them from foreclosing. We can help homeowners obtain a loan modification and/or time to get caught up on payments.

Free consults through telephone call or video call to discuss options. Payment plans available.

Updated COVID-19 Order for Tarrant County, Texas.

Tarrant County Officials Announce 'Stay At Home' Orders To Combat Spread Of Coronavirus Officials in Tarrant County have announced "stay at home" orders to combat the continuing spread of the coronavirus.

This is definitely an unprecedented time in our world. As COVID-19 virus spreads throughout the world more and more people are realizing that this is not a time to not panic but should get (or update) their estate plan.

Having an estate plan in place can help give you peace of mind and allow your loved ones make medical and/or financial decisions for you should you not be able to at that time.

We can help you through this by telephone and/or video chats so that we can all still exercise social distancing but still help you get your estate plan in place.

WARNING! Always use extra caution when wiring money to anyone. If you are buying a home, the title company will provide detail written instructions on how to send your funds to them. Then you should call your escrow agent or attorney and VERIFY, VERFIY, VERIFY.

They thought they were wiring an $800K home down payment to an escrow agent. It went to a scammer. A Solana Beach couple is living a nightmare after wiring their $800,000 home down payment to a scammer posing as their escrow agent

These five documents help you live a happier, less stressful life, knowing you’ve taken the steps to make navigating tomorrow as smooth as possible. By making your intentions clear and easing the inheritance process as much as you can, you’re taking care of your family.

Call us for a free consultation to discuss getting these 5 documents for you and your loved ones!

5 Estate Planning Documents Every Family Should Have Suze Orman outlines the essential papers you should have for Estate planning including a will, power of attorney, advance directive and more.

How do you avoid probate in Texas?

In Texas, you can make a living trust to avoid probate for virtually any asset you own -- real estate, bank accounts, vehicles, and so on. This is done by creating a trust document (it's similar to a will), naming someone to take over as trustee after your death as your successor.

Image: Sunset flowers - Sunsets & Nature Background Wallpapers on Desktop ... Found on Google from nature.desktopnexus.com

BIG RED FLAG - they ask you for money and you have never even met!! Be careful and trust your gut!

How to Avoid Romance Scams - Clark Howard Love might be in the air, but so are blackmail, impersonation and trickery. Here are some popular romance scams to avoid.

Making your Last Will and Testament isn't quite this easy but we can help take the hard part of planning your estate easier! Call now for a free consultation.

*Licensed in the State of Texas

Everyone should do some basic Estate Planning even those with few assets.

We suggest the following Estate Planning Checklist
- Will
- Trust
- Health Care Directives
- Living Will
- Medical Power of Attorney
- Financial Power of Attorney
- Beneficiary Forms

Call us if you don't have the above forms or need yours updated.

*Licensed in the State of Texas

Now it's easier to call D. Kimberli Wallace, Attorney at Law.