Debt Relief And Loan Modifications

If you are having trouble keeping up with your mortgage payments, you may decide to seek a loan modification. While this could potentially resolve your financial issues, your lender must first agree to the change. Many times, lenders tend to drag their feet when a homeowner requests a modification, asking for additional information and engaging in other delay tactics. Eventually, they may decide that you do not qualify for an adjustment. At this point, you may be so far behind in your payments that you face the threat of foreclosure. That is why it is important to work closely with an experienced lawyer who can explore all avenues of debt relief.

At the Law Offices of Darin D. Pinto, P.C., our attorney has nearly 30 years of legal experience. We know how to negotiate with lenders to modify your loan. If this is not possible, we can look at other options to help you get your finances under control.

Is Bankruptcy The Answer?

It may seem counterintuitive, but filing for bankruptcy may enable you to save your house from foreclosure. The reason for this is what is known as the automatic stay. Filing for bankruptcy puts an immediate stop to foreclosure actions and can provide you with enough time to get caught up on your payments. Also, it is still possible to request and receive a loan modification after you have filed for bankruptcy. This choice is best for people who are seeking Chapter 13 bankruptcy protection. We will thoroughly review your situation to help decide which options are best for your situation.

Facing Foreclosure? Legal Options Are Available. Contact Us Today.

To learn more about loan modifications and bankruptcy protection, speak with us. Call 908-317-9405 or contact us online to schedule an initial consultation. Located in Westfield, we serve clients throughout the surrounding areas of New Jersey.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.