New York Loan Modification Lawyer

Help with Loan Modifications & Foreclosure in New York

Due to the struggling economy, more and more people are falling behind on their mortgage payments. If you are one of those people, you shouldn't feel ashamed or embarrassed. Instead, you should strongly consider speaking with an experienced New York loan modification attorney about your financial situation. There are many viable tools and resources available to people facing foreclosure. A knowledgeable lawyer can inform you of your best options and help you apply for a loan modification so you can stay in your home where you belong.

If you are at risk of losing your home due to foreclosure, a loan modification may be just what you need. A loan modification is basically a change to any of the original terms of your mortgage loan to prevent foreclosure. After a successful loan modification, you will no longer be under the threat of foreclosure as long as you continue to pay your mortgage payments based on the terms of the new, modified loan.

When you come to meet with a New York loan modifications lawyer at Jacoby & Jacoby, we will take the time to get to know you and your financial situation, as well as what you hope to achieve through modifying your loan. During a time when foreclosure relief scams are popping up left and right, you can trust that we will not take advantage of you or lead you astray, but rather help you reach decisions that will best serve the needs of you and your family. If a loan modification isn't right for you, there are other ways in which we can help you avoid foreclosure, such as a short sale or bankruptcy.

Avoiding Foreclosure

If you have fallen behind on your mortgage payments, you may have been recently notified of default or even foreclosure proceedings that may soon be taking place by your lender. Being notified of default or foreclosure is a serious legal matter that must be addressed by a careful and qualified attorney. You will immediately be thrust into foreclosure and may soon lose your property if you fail to take the proper legal actions. Legally speaking, there are many different actions you can take to try to avoid foreclosure, including a modification of your loans. With help from a New York loan modification lawyer, you can negotiate with your mortgage company or lender to seek smaller, more affordable monthly payments. In turn, you will be able to pay back your loan for the home and most likely avoid foreclosure altogether. Click here to continue reading more about avoiding foreclosure.

Contact a New York Loan Modification Attorney

Finding out more about loan modification is necessary if you are to make an informed decision about this matter. Modifying your current mortgage agreement may be just the answer to fully resolve the situation you are currently dealing with, eliminating the threat of foreclosure and enabling you to make payments that actually work and are in your best interests. This process can be complicated and difficult to deal with, in addition to bringing about legal issues that may need to be addressed. An attorney can guide you through while protecting your financial interests, your credit and your home.

If you are facing foreclosure in New York, it's important that you speak with an attorney sooner rather than later. Time is of the essence when it comes to foreclosure, so the faster you get in touch with a lawyer, the sooner work can be done to halt the foreclosure process. During your initial consultation, a lawyer from our firm can answer your loan modification questions and provide you with information about loan forbearance, budgeting after loan modifications, the watch out signs for loan modifications, and will fully explain why you should hire a loan modification attorney to handle your situation.

At Jacoby & Jacoby, we understand how stressful and overwhelming it is to feel your home may be in jeopardy. Allow a lawyer at our offices to offer you advice and guidance in this area so you can make the right decisions for your particular financial situation and your goals. We can also assist you through the loan modification process, protecting your home and helping to stop foreclosure.

Contact a New York loan modification lawyer at Jacoby & Jacoby to learn how we can help you avoid foreclosure so you are free to remain in your home!

We are also proud to serve residents of Long Island.