If you are struggling to make your mortgage payments, you may be considering a loan modification. If so, you are not alone. In fact, the housing market is currently experiencing a crisis due to the high number of people who are struggling to pay their mortgages.
If you are considering a loan modification, you may be worried that your lender will not work with you. You may also be worried that filing for bankruptcy will not help you. Fortunately, you do have options.
At The Law Firm of Kevin D. Judd, we have been helping people in Washington, DC, and throughout the surrounding areas since 1993. Our bankruptcy attorney has the experience and knowledge to help you get the relief you need.
Before you consider a loan modification, you should understand the requirements. You may be eligible for a loan modification if:
- You have a mortgage that is owned by a bank
- You have a mortgage that is owned by a government-sponsored enterprise
- You have a first mortgage only
- Your mortgage is a fixed-rate mortgage
- Your mortgage was originated on or before January 1, 2009
Filing for bankruptcy may seem like the last thing you want to do, but it can actually be the best thing for you. It can eliminate your debt and give you a chance to start over.
Under the bankruptcy law, you can get a fresh start by discharging your debts. You can also stop creditor harassment and stop foreclosure.
If you are struggling to make your mortgage payments, it may be time to consider a loan modification. If so, you should also consider filing for bankruptcy.
Our Washington D.C., loan modification attorney can help you modify your mortgage, stop creditor harassment, and stop foreclosure. We can also help you get debt relief through Chapter 7 or Chapter 13 bankruptcy.
Our loan modifications in Washington D.C., can help you determine which type of bankruptcy is right for you and help you navigate the process. We can also help you with other types of debt relief, including credit counseling and lawsuit defense.
Our loan modification attorney in n can guide you through modifying your loans and helping you understand your rights and what to expect. We can help you understand what your options are and help you make informed decisions.
If you are considering a loan modification, our bankruptcy attorney can help you. Call (202) 888-8454 or contact us online to request a free consultation with our Washington, D.C., loan modification lawyer.