If you are having problems making your mortgage payments, a loan modification may be an option for you. At Attorney Debt Reset our experienced attorneys can get you the help that you need.
A loan modification is a transaction where your mortgage lender agrees to modify some of — or all of — the terms of your mortgage. In loan modification, the existing agreement is changed, but not cancelled. These changes my include a wide range of things:
- Reducing the principal balance of your mortgage loan
- Extending the term or repayment period of the loan
- Changing the amount of monthly payments
- Changing the interest rate on the loan
Loan modification is often a good approach for homeowners who find themselves falling behind on their mortgage payments. However, sometimes people who think they need a loan modification are actually good candidates for chapter 13 bankruptcy.
We can help you stop foreclosure by resetting your debt. Call us at 877.273.7383.
What to Expect
If you need a loan modification, you can expect that our attorneys can work with you to get you the help you need, whether we handle your matter directly or refer you to other debt professionals who can help you avoid bankruptcy.
No lender has the same process and each individual situation is different, so it is best to talk directly with a lawyer about your situation. At Attorney Debt Reset, our attorneys can work with you to push the reset button on your debt today. Call us at 877.273.7383 or simply complete our online contact form.