Modifying Your Home Loan
A relatively select few of Americans have successfully modified their home loans. Many homeowners are left wondering, “Could I, then, modify my loan as well?”
Loan modifications are generally very difficult to execute. Lenders are usually staffed to process thousands and even millions of loans. They are not staffed to deal closely with problem loans. Short staffing is compounded by the fact that banks benefit very little from loan modifications. Lenders, therefore, have little motivation for facilitating loan modifications.
For help in exploring and executing home loan modifications, contact the Ann Arbor loan modifications lawyers of Marrs & Terry, PLLC. Our initial consultations are free, and we have 12 years of experience regarding debt reduction law. We have helped thousands of clients reduce debt and avoid foreclosure.
For experienced loan modification legal assistance in Michigan, contact Marrs & Terry, PLLC, by calling 734-663-0555. We bring more than 18 years of experience to every case and we offer in-home appointments upon request.
What We Can Do To Help
There are numerous advantages to having a lawyer’s assistance regarding loan modifications. We can submit all paperwork and manage the day-to-day work that loan modifications can involve. Lenders are often more responsive to attorneys, leading to a higher chance of success. Most importantly, an attorney can knowledgeably troubleshoot possible risks and can handle complexities such as the overlap between a loan modification and a bankruptcy.
You Are Not Alone. Contact Us Today.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.