Connecticut Attorneys Handling Mortgage Loan Modifications
The need for a mortgage modification can be the result of a variety of circumstances including:
- Homeowner experiencing financial hardship from being laid off, decreases in pay or the occurrence of an illness
- Variable rate adjustments
- Real estate market decline resulting in "upside down" home loan value (where the amount owed on the mortgage is more than that value of the house)
If you are unable to keep up with mortgage payments due to hardship circumstances, you may take solace knowing that there are many alternatives to foreclosure. Consult with a lawyer to discuss your options and receive the personalized advice that you need. Contact us to schedule a consultation regarding your particular home loan situation.
The Law Offices of Michael J. Auger in Farmington is a valuable source of information and help for homeowners in trouble. Our law firm has built a reputation for effectiveness at helping distressed homeowners. We have succeeded in negotiating modifications of mortgages for a number of clients. Whether you are requesting a temporary or permanent modification of payment terms for your home mortgage, we welcome the opportunity to offer advice and assistance.
You may ask why your mortgage lender would be interested in a loan modification. In fact, many lending institutions are overwhelmed with a glut of foreclosure properties. When banks sit on real estate, they take on responsibilities including upkeep, insurance, taxes and preparation for resale. Your mortgage lender may save a great deal of time, money and aggravation by extending the opportunity of a mortgage modification rather than seizing your house.
Discuss your need for mortgage loan modification and other alternatives to foreclosure. Call 860-269-3446 or e-mail Law Offices of Michael J. Auger to schedule a no-obligation consultation.
Your Legal Options in Language You Can Understand
If you have any questions about your legal rights and options in foreclosure, bankruptcy, personal injury law or family law, we are ready to help you get answers and take action. Traveling to meet clients throughout the Hartford area and Connecticut, we offer weekend and evening appointments as needed. Contact us today for a free initial consultation regarding loan modification in Connecticut.
Se habla español. Spanish language services are available.
