Mortgage Loan Modifications

The recent economic downturn has affected the employment of millions of individuals and families who are now faced with "underwater" or "upside down" mortgages. For many of these people, the prospects of financial freedom and independence seem dim. It is important to realize, however, that there are many options available for relief.

Mortgage loan modification is one such possibility. Depending on circumstances, it may be possible to reach out to a lender and work on an amendment to the existing terms of the agreement. Arriving at favorable conditions for a modification requires comprehensive knowledge and patience, however. These are skills that an experienced lawyer can bring to the table in pursuit of your well-being.

We are ready to bring the experience we have honed in more than 35 years of practice to help you work toward a solution to nearly any debt issue. Regardless of your situation, we will work directly with you to understand your circumstances and goals in the immediate and long-term future. From there we will take action that helps you get on a path of financial security and stability.

It is important to realize that in certain circumstances a loan modification may not be in your best interests— a Chapter 7 or Chapter 13 filing may be superior. If we can find alternatives that are more conducive to your financial health, we can tailor our approach accordingly.

To schedule a free, no-risk initial consultation to discuss mortgage loan laws or loans after bankruptcy discharge with our Monmouth County attorney, call toll free: 732-988-1500 or fill out our contact form. Hablamos español.

The law offices of William H. Oliver, Jr. & Associates is a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.