How To Determine if a Loan Mod Company or Law Firm is Reputable

It is estimated that 84 percent of foreclosures have been erroneous or done illegally by banks, which means without attorney representation, you’re a sitting duck. What’s more, according to the U.S. Treasury, about 70 percent of homeowners get denied for government loan modifications because of bank errors and lost paperwork, so it’s proven that working with a reputable professional will increase your chances of success and certainly reduce stress. But what is reputable? Let’s have a … [Read more...]

What Are the Risks of Hiring a Loan Modification Company?

Homeowners who are trying to be approved for a loan modification but aren’t having success usually aren’t sure where to turn next. Is it their bank? A legal service? A government program? It’s hard to know when you’re getting mixed messages from the media and your lender who is telling you not to pay for any service related to loan modifications. The media does so because of the scammers out there, and the banks do it as a form of control. Loan modification companies exploded on the … [Read more...]

Do You Really Need an Attorney for a Loan Mod?

We recently wrote a post that proved quite controversial. The post, “10 Reasons You Absolutely Need an Attorney for a Loan Modification” has sparked a lively conversation on LinkedIn, and we wanted to follow up on that post with some additional commentary on our stance. … [Read more...]