We will represent you to negotiate your loan modification
Why traditional loan modifications don't work
When consumers attempt to negotiate a loan modification without the assistance of a law firm such as CreditLawGroup, the results can be less than successful. The lenders representative is looking out for the best interest of the lender not the borrower. What happens in most situations is the lender's loss mitigation department will attempt to offer a short term solution to your long term problem.
Although the modification of interests rates or forbearance of a few months payments
may be authorized by the lender/servicer, this is typically only done for a short
period of time. This only postpones the problem. It does not resolve it. We
are here to help you resolve it and structure a program that is affordable for
the life of your loan. You wouldn't negotiate your own auto accident settlement so
why do the same with what may be your most valuable investment? Let our law firm
help you!
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Don't become a statistic
"After three months, nearly 36 percent of the
borrowers had re-defaulted by being more than 30 days past due. After six months,
the rate was nearly 53 percent, and after eight months, 58 percent," Comptroller
of the Currency John C. Dugan said in remarks at the Office of Thrift Supervision's
National Housing Forum. |
Getting Started
Fill out the form below to have one of our representatives contact you or
call us today at 1-800-508-0041 for a FREE consultation to
learn more about your rights and options!