Queens Loan Modification Attorney
Falling behind on your mortgage can not only cause added stress in your life, it can lead to the loss of your house through foreclosure. If you are unable to catch up with missed payments, your lender will send out a Notice of Default, and eventually file a complaint to secure a decree of sale from the court. Once the complaint has been filed, you will have 20 days to respond. Modifying the terms of your mortgage loan is one way to avoid a foreclosure. Some of the advantages of loan modification include:
- A lower monthly mortgage payment
- Reduced interest rates
- Reduction or elimination of any accumulated penalties
- The money you save can be used for other expenses
- Preventing a foreclosure
Before making any decisions regarding your house, it is strongly recommended that you contact a Queens bankruptcy lawyer for advice. An attorney will know the laws that pertain to your particular situation, and can also review your mortgage agreement to ensure that the loan does not include unfair terms.
Loan Modification Lawyer in Queens
If you are a homeowner that is in financial trouble, Blutter & Blutter can provide valuable legal counsel regarding your debts and mortgage. The firm has over 55 years of combined experience helping individuals with a wide range of legal issues. Arthur Blutter, the firm's founder, is s a Certified Public Accountant, and holds a Judicial Doctorate and MBA degree. He is highly skilled in foreclosure defense and bankruptcy cases, and can discuss all of your legal options. Lawyers at the firm are dedicated advocates that can be depended on for aggressive representation when negotiating with lenders. They work with clients one-on-one throughout Nassau, Suffolk, Queens and Kings counties.
Contact a Queens loan modification lawyer to discuss your legal options if you are unable to pay your mortgage.