Home Loan Modifications in Fresno
Get Help from Experienced Bankruptcy Lawyers
Most of us don't take out a mortgage to purchase a home without being
confident that we can afford the monthly payments. However, life is full
of difficult situations that can destabilize our well-crafted plans. An
unplanned pregnancy or loss of employment can make it almost impossible
to meet the required mortgage payments. When this happens, not only does
interest on your home loan continue to accrue, but you may face additional
penalties for late payments, making your financial situation worse.
If you or someone you know is caught in this challenging position, we encourage
you to contact a Fresno bankruptcy attorney from Arnold Law Group, APC.
Our legal team has over 20 years of combined experience and has helped
many individuals just like you with
chapter 7 and
chapter 13 bankruptcy, as well as
wage garnishments and
creditor harassment.
Why You Should Hire an Attorney
If you are seeking a modification to your home loan, it is important to
be cautious about these common types of solutions:
- Credit Counseling Programs;
- Credit Card Modifications of the Interest Rate and/or Principal Balance;
- Voluntary Repossession of your Residence, submitting the Deed in Lieu of
having your Home foreclosed upon; and/or
- Short Sale of your Residence, whereupon both yourself and the mortgage
companies agree to have a qualified realtor sell the residence for less
than what is owed upon the residence.
Unfortunately, the sad reality is that many companies who promote and advertise
these programs prey upon people with credit problems who are desperately
seeking financial relief and want to avoid bankruptcy. Oftentimes, people
who become involved in these programs pay out a great deal of money, only
to find out that little to no help has been provided to them.
By hiring an experienced loan modification and bankruptcy attorney, you
can have a dedicated legal advocate evaluate your situation and help you
find the best solution possible to meet your needs.
Our firm is standing by and ready to help! Call us today at (559) 900-1263, or get started on your case by filling out our
case evaluation form.