When paying the mortgage is a struggle, get a mortgage modification
By pursuing a mortgage modification, you can see your monthly payments drop quickly to a more manageable amount.
Mortgage Modification Foreclosure Defenses
In difficult financial times it is common for homeowners to seek a “modification” of their existing home loan. At Sadek Bankruptcy Law Offices we aim to provide our clients with the best options and strategies to make their homes affordable and avoid mortgage foreclosure. A mortgage modification is available to a homeowner who may be […]
Mortgage Modification – Use Caution
On April 15, 2015 the Federal Trade Commission filed a Complaint against Hope Services also doing business as HAMP Services. The Complaint alleges that Hope Services held themselves out as a non-profit with government ties that could secure mortgage modification plans. Hope Services advised consumers who were delinquent on their mortgage and/or facing foreclosure to […]
Bankruptcy and Mortgage Modification
Most homeowners who have defaulted on their mortgage have heard the term or tried for a “Modification of Mortgage,” in short a modification. A modification is a change of the terms of the original mortgage agreed to by the lender and borrower. A Mortgage modification is likely to include the following: Reduction in interest rate […]