Worcester Loan Modification Attorney
Do you need assistance with a loan modification?
There are many reasons why a homeowner can fall behind on their mortgage
payments. You may have purchased or refinanced your home with an Adjustable
Rate Mortgage that has resulted in significantly increased monthly mortgage
payments, lost your job, or are experiencing financial difficulties due
to a divorce or unanticipated healthcare crisis. Your house is one of
your most valuable assets, and every effort should be made to prevent
its loss. A
Worcester bankruptcy attorney can review your mortgage agreement and finances, and give you advice on
how to avoid foreclosure through bankruptcy or with a loan modification.
There can be many benefits to modifying your home loan, including:
- Lowering your monthly mortgage payments
- Reducing the balance of your loan
- Lowering your interest rates
- Fix your adjustable rate
- Eliminate any interest that has been accrued
Many bankruptcy attorneys in Worcester, MA also understand that a loan
modification can also result in extensions on your monthly payments and
incorporate any past due payments into the new terms and conditions.
Loan Modification Lawyer in Worcester
Law Office of Robert W. Kovacs, JR. is a seasoned
bankruptcy firm that has many years of experience helping homeowners faced with defaulting
on their mortgage. We will make sure that you were not the victim of predatory
lending practices, and negotiate a loan modification with your lender.
Our firm will do everything they can to prevent a foreclosure. We can
even discuss legal remedies that can help you eliminate your debts, such
as filing for bankruptcy. Bankruptcy may be the best way to address your
financial difficulties, especially if the foreclosure process has already
been initiated by your lender. Our firm will make sure you have sufficient
information to make the best decisions possible regarding your house and
Contact a Worcester loan modification attorney
for qualified legal advice and representation if you are in danger of losing