The Law Office of Alberto H. Hernandez, P.A. is here to help you explore ways to keep your home if you face potential foreclosure.
Bankruptcy isn't always your only option when you are the victim of predatory or illegal lending practices. I can advise you on how to negotiate with a lender to seek a loan modification with more favorable terms.
If you think a loan modification could help you keep your home, contact an attorney at our Boca Raton, or Miami offices for a free review of your home loan adjustment options.
Refinancing your mortgage may seem like a good idea, it actually involves applying for, in essence, a new mortgage loan. This may not be practical for your financial situation, and you may not even qualify. In addition to more stringent lending requirements, a refinance could potentially result in thousands of dollars of closing costs.
If a refinance is not practical for you, a loan modification could help. We will assist you in negotiating with your current lender to reduce interest rates and monthly payments on your existing loan. Homeowners do not need to be behind with payments or considering bankruptcy to qualify for a loan modification. Furthermore, many banks would rather accept a modification than be stuck with yet another foreclosed property.
You may be struggling to stay in their home, but if you do not seek legal help in time, you risk losing your house to foreclosure or turning to foreclosure defense through bankruptcy. We can review your home loan documents to renegotiate the new terms of a mortgage, including advice on possible relief options available under the Troubled Asset Relief Program (TARP), which encourages banks to free up credit and resume lending.
Before considering bankruptcy, it can pay to speak to an experienced attorney about seeking home loan modifications. Contact me at the Law Office of Alberto H. Hernandez, P.A. for a free consultation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation.
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