Loan Modification Errors

There is a way to keep your home without filing for bankruptcy: Loan modification.

The Fast Filers highly trained staff have a great deal of experience with the loan modification process. When you meet us for a free consultation, we can help you figure out if loan modification is the right option for you. If it is, then you’ll have our extensive expertise on your side as we analyze your situation and negotiate a better deal for you with your bank. We have successfully secured modifications for our clients from many lenders.

The Colorado loan modification process is complex. An experienced loan modification attorney can help you determine which modifications you may be eligible for, what is required to apply, and what your modified payments would be.

Loan modification scams have put many homeowners who try to go through the process on their own into even worse situations. Working with an attorney will remove this risk of potential fraud.

Mortgage Modification Options

Loan modifications are constantly in the news and some people are having success in restructuring their loan. However, please keep in mind that just because your mortgage lender calls it a modification, it does not necessarily mean it is your best option. Many times Chapter 13 will work much better and save you a lot of money in the long run. While it is true that the Government has enacted certain programs to help homeowners afford their monthly mortgage payments, we understand that it is a frustrating process for everyone to go through.

Your mortgage lender always seems to loose your paperwork, promise you one thing and then tells you something completely different–Does this sound familiar? This is why we as Colorado Bankruptcy Attorneys are obtaining the most success for our clients.

Please call our office today as this is an ever changing area of the law and with the aid of a bankruptcy we are experiencing better results for our clients.

Watch out for scams!

There are a lot of people and companies out there who are taking advantage of homeowners facing financial troubles. You’ll see entities that call themselves “housing counseling agencies” or offer help with mortgage or loan modification. They may even be sponsored by the U.S. Department of Housing and Urban Development (HUD). While some are legitimate, many others are scams.

NEVER pay money up front for loan modification services. Your first consultation should always be free. If someone wants to charge you an up front fee, then go elsewhere. There is no reason you should have to pay an initial fee.