Foreclosure Mediation Lawyer in New Jersey
So, you have received a notice that your home is going to enter the foreclosure process. You've thought about filing for chapter 13 bankruptcy, but aren't sure you really want to, and now you feel like you are out of options. If this sounds like your situation, you may still have an option: foreclosure mediation.
Having been a bankruptcy attorney for more than 28 years, you can rely on me to fully explain your rights and responsibilities when it comes to foreclosure mediation or loan modifications. I work closely with people throughout Burlington County and Southern New Jersey.
There is no substitute for experience when it comes to loan modifications and foreclosure mediation. Call toll free 888-676-6717, 888-656-2690 or visit my Contact page today to get in touch and schedule a free initial consultation.
Will Recent Changes Affect Your Situation?
In the past, mortgage companies were not required to undergo mediation, leaving consumers at their mercy. Now, due to recent changes in the law, mortgage companies are encouraged to undergo foreclosure mediation, giving consumers a chance to try to negotiate an agreement to save their home.
Also, due to the increase in foreclosed homes on their books, banks and mortgage companies are becoming more likely to agree to loan modifications. This could be anything from extending the years on the mortgage to eliminating principal or reducing interest rates.
What Is Your Best Option?
If possible, it is better to get a loan modification or file for chapter 13 bankruptcy than to have a foreclosure on your record. Contact me today to schedule a free initial consultation to learn what your options are. We represent clients in Riverside, Willingboro, Burlington and throughout Southern New Jersey.
