Boca Raton Mortgage Modification Law Firm
Are you having a hard time making your monthly mortgage payments? Are you worried your home may be at risk for foreclosure? You are not alone, as homeowners in Florida have been hit hard by the housing market crash of 2008 and following years. As you seek relief, it is important to make sure you find a professional who is truly on your side and will work on finding a solution that is tailored to your needs.
There are mortgage modification companies sprouting up all over Florida who claim they can help homeowners lower their interest rates, lower their payments and stay in their homes. In most cases, their claims are simply too good to be true. However, their lack of results does not stop them from taking thousands of dollars in fees from homeowners who need help.
At Debt Relief Law Florida, we provide representation from experienced attorneys who are skilled at achieving mortgage modification and other debt relief solutions within the bankruptcy process and as a stand-alone measure.
The path to a brighter future begins today. Call 561-826-8986 to schedule a free appointment with our Boca Raton foreclosure attorney.
Public Mortgage Modification Programs
There are a number of government programs that offer mortgage modifications or the opportunity to refinance to homeowners. These programs include the federal Home Affordable Modification Program (HAMP) and Home Affordable Foreclosure Alternatives (HAFA) program. Some homeowners have found success by applying for these programs and following the government’s process for mortgage modification. A number of factors are taken into consideration for eligibility, including hardships such as illness, loss of job, unemployment and underemployment.
Non-Judicial Private Mortgage Modification
If a lender is interested in keeping the loan in good standing and a homeowner is having trouble making payments, the possibility exists for a mortgage modification outside of the HAMP or HAFA programs. This can be a complex process that involves negotiation and a considerable amount of paperwork in order to submit a package that will be viewed favorably by the lender. We have the necessary experience, resources and skills to facilitate this for our clients.
Court-Ordered Mortgage Modification Mediation
If you file a Chapter 13 bankruptcy, mortgage mediation is now a mandatory part of the process. In our experience with homeowners in Florida, mortgage modification is 75 percent successful within the bankruptcy process. This is a wonderful opportunity for distressed homeowners who want to have their full debt issues resolved and achieve a modification of their mortgage terms without dealing with 800 numbers, unscrupulous companies or intense negotiations.
What Can You Do About Your Mortgage? We Can Help You Find The Answers.
Contact us today to speak to a lawyer about your options for mortgage modification. We offer free appointments and provide our clients with personalized attention every step of the way.
In addition to our many services, we are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.