Jacksonville Loan Modification Attorney
Alleviate Your Financial Troubles Today
Are you behind on your monthly mortgage payments and are worried about possible
bankruptcy? Depending on the circumstances, a loan modification may be a suitable
option to help you achieve much-needed relief. As opposed to losing your
short sale, or bankruptcy, you may actually be able to renegotiate the terms of your
mortgage to better suit your financial situation.
At Albaugh Law Firm, our team of knowledgeable bankruptcy lawyers has helped
countless clients throughout Jacksonville and the surrounding areas keep
their homes through mortgage loan modification. Having earned a 10.0 “Superb”
Avvo Rating and an extensive collection of
positive client testimonials, we can guide you step-by-step through the associated legal process as
swiftly and effectively as possible, ensuring that your rights are protected
at all times.
Discuss your debt relief options in full during a
free case evaluation.
How Does Loan Modification Work?
The process of loan modification involves negotiating with your lender
to alter the terms of your mortgage with the goal of securing a more affordable
monthly payment for you. Through negotiations, you may be able to change
a number of your loan’s terms, including:
- Lowering your interest rate
- Reducing your monthly payments
- Reducing your principal balance
- Extending the repayment period
- Counting past due payments towards the overall loan amount
Since the foreclosure process is costly for lenders, in many cases, banks
and lending institutions are keen on keeping borrowers in their homes
under altered terms. This process can be difficult, however, making it
imperative that you retain the guidance and protection of an attorney
from the beginning. Our knowledgeable lawyers understand what to say,
who to talk to, and which strategies will be most effective to help you
work out a desirable arrangement.
Retain the Powerful Support You Need
When homeowners choose to forego legal representation and attempt to handle
their own mortgage modification negotiations, lenders may sometimes see
them as easy targets and push terms that are not in their best interests.
With our Jacksonville mortgage modification lawyers on your side, you
can level the playing field and rest easy knowing that your rights as
a consumer are protected. With more than 70 years of combined legal experience,
we can help you understand your legal options and negotiate an arrangement
that best fits your financial needs.
Call (904) 450-5313 or
get in touch with our firm online today to get started.