Loan Modification Attorneys
Are You Facing Foreclosure of Your Home, or need to Change the terms of your Mortgage?
With today’s economic roller coaster and changing conditions in real estate and property values, many find themselves in danger of defaulting on mortgage payments or are actually threatened with foreclosure. The prospect is stressful and may have you feeling overwhelmed if you are facing such a situation. However, there are options available to help you avoid this drastic step. The Norwalk Connecticut law firm of Gustafson Law Offices, LLC can offer alternatives to losing your home, and help you find the right path to an improved financial situation.
One possible solution is to seek a modification of the terms of your existing loan with the goal of providing more affordable, realistic payments. If you are considering asking your mortgage lender to modify the terms of your mortgage, it is likely in your best interest to have a skilled, knowledgeable attorney at your side.
With extensive experience, bankruptcy and credit attorney Lisa Gustafson can provide the knowledgeable legal support you can count on to manage your home loan dilemma, for the best possible outcome.
Do I Need an Attorney for a Loan Modification?
If you are having trouble making your mortgage payments, and see no relief in the near future, your lender may be open to negotiation about restructuring your loan so that your monthly payments are more realistic for you. For instance, the lender may agree to:
- Reduce the interest rate on the loan;
- Convert from a variable interest rate to a fixed rate;
- Extend the amount of time to pay back the loan;
- Forgive some of the principal balance.
As your trusted legal representative, I will help ensure that the process proceeds properly, discuss and plan for complications that may arise, safeguard your legal rights and find the solution that works for you. During the negation process, he can help ensure that your legal rights are protected and the modified terms meet your needs. He will also review the required application to your lending company, and any supporting documentation and follow-up as necessary. I can also provide legal guidance If you have applied for a modification and been denied, and want to appeal the decision.
Contact Gustafson Law Offices, LLC Law Office to Discuss Solutions
Don’t let the potential foreclosure of your home cause stress for you and your family. Please don’t hesitate to contact our office to set up an appointment and discussion. We can be reached at [custom: phone].