Why do I Need The Knowledgable Attorneys And New Hope Mortgage Solutions to Get a Loan Modification?
December 23rd, 2009 by adminEveryone needs a Loan Modification…but who can really get them done the right way? Of course you would not want a temporary fix, you would want a fixed. After all that’s what got most people in this to begin with.
Can you do it alone? Statistics say you have about a 2% chance. The banks are not helping people as they should. There are a ton of people on You Tube and bloggers chatting about their horrible experiences as we speak. Or read…
Can the government programs that offer free help get a loan modification done? The reports on the HOPE NOW program, the only free program offered ….Well the program was offered two years ago, and designed to help 1,500,000 homeowners. As of July 30th, the program has only helped 125 of those homeowners. And please check those numbers out on Google for yourself. The program is a flop.
Let’s face it….The programs that have been offered by the government have not been successful because after paying all that money to the banks to bail them out, where would Obama get the money?
So who do you turn to for help? The answer is very simple it will take experienced, knowledgeable attorneys that have worked for years negotiating with banks lenders, and servicers to help these homeowners. New Hope Mortgage Solutions works for a network of these attorneys. New Hope Mortgage Solutions and the attorneys they work for have saved hundreds of homes since just January 2009. The attorney’s that employ New Hope Mortgage Solutions have at least six or more year’s minimum experience. This is what you need to achieve a real Loan Modification. The first thing that happens when a homeowner becomes ninety days late on their mortgage is, they receive a letter from an attorney. This attorney is employed by your lender. Don’t you feel as if your home is worth having an attorney and a company that has serious experience in this field represent you? Below are some articles really worth reading and watching…before you make your decision. It’s a tough world out there in the banking industry. Now let’s see what the experts have to say…
Click on the links I have provided below, and take a look for yourself. Having an attorney is vital in the loss mitigation process. It also prevents from getting involved with scamming loan mod companies. As you are actually retaining an Attorney with New Hope Mortgage Solutions
http://www.consumerwarningnetwork.com/2009/08/31/home-loan-modification-run-around-continues/
http://www.consumerwarningnetwork.com/2009/08/27/why-banks-make-it-so-tough-to-get-a-loan-modification/
http://blogs.trb.com/business/columnists/brackey/blog/2009/08/loan_modifications_not_happeni_1.html
http://www.bloomberg.com/apps/news?pid=20601087&sid=aYdgQkXu9eBg
Everyone but government deleveraging
First it was Wall Street. Now it’s households that are paying down their debts and starting to save a little. In the meantime, the government is still borrowing like there’s no tomorrow, hoping to ease credit-contraction pains. WSJ’s David Wessel discusses.
The composite ratio, which tracks eight closed-end installment loan categories, also hit a high at 3.35% of all outstanding accounts, seasonally adjusted, compared with the first quarter’s 3.23%. This is the sixth straight quarter that delinquencies have risen.
The culprit is the snowballing result of the longest and deepest recession since the Great Depression, according to ABA Chief Economist James Chessen.
“The problems now are the cumulative effect of the economy and job losses,” he said. “Every single month there are jobs being lost and when income falls it makes it very difficult for consumers to meet debt obligations.”
Unemployment is at 9.7%, the highest since June 1983. The government is scheduled to release September employment numbers on Friday.
“Six consecutive quarters of job losses have taken their toll,” Chessen added. “It’s stunning what’s happened. There’s a lot of pain out there as people try to make ends meet.”
“The picture won’t change until the labor market improves and the economy picks up steam,” he added. “That’s going to take time.”
If you feel you are having problems with your current financial situation, call New Hope Mortgage Solutions www.newhopemortgagesolutions or email Angella at angella@newhopemortgagesolutions.com to get a free evaluation of what can be done for your current situation. Angella will also take a free application (with a scheduled appointment) to see if you have the ratios the lenders are looking for. “The Making Homes Affordable Program”, has been very successful for us says Angella. Our attorneys have unmatched experience in the industry, and that is what counts”. “We really take our time with the homeowners, its a tough spot to be in and we want to ensure we are making this as easy as we can”. The banks are just not budging without legal representation, and that’s the truth. The banks are much more willing to speak to someone that understands the process, and has a case that is ready to go into Mitigation. Most clients have no idea of the amount of documentation and work that actually goes into actually completing a Loan Modification. With all the homeowners now not being able to qualify for a refinance or have enough equity to sell their properties, hopes for a loan modification is all they have left. Our only wish is that the homeowners are realizing the banks and the government is not just qualifying people. You must have an attorney who knows the process, and a company that works for the attorneys to walk through everything with the homeowners.
Bankruptcy Attorneys – Choosing The Right Counsel
November 2nd, 2009 by adminThe ongoing economic depression is affecting people all over the world. Individuals are finding it difficult to sustain themselves. And many debtors are finding it next to impossible to redeem their debts, and become debt free. To find a way out, filing for bankruptcy might appear to be the way out. Even though one does not find long-term beneficial solutions while filing for bankruptcy, a few debtors are forced to consider Chapter 13 Bankruptcy and Chapter 7 Bankruptcy as probable options to control their financial situation. Filing for bankruptcy can be complicated, since premature or improper filing can lead to undesirable situations in the near future. One generally employs the services of an experienced bankruptcy attorney or lawyer to carry out the filing activity. So it’s imperative to find the right kind of lawyer to handle the bankruptcy issues. The question is how does one decide upon the correct lawyer from so many bankruptcy attorneys available? The article tries to answer the question by providing a few suggestions.
Certain features indicate the characteristics of a good bankruptcy attorney. And there are also a few negative points to look out for while selecting upon the attorney. By considering both the positive and negative points, one can possible select a reasonably effective attorney, who can represent the debtor in a better way, and help to achieve the desired results. Majority of individuals considers bankruptcy as a final solution and look out for lawyers offering free consultations. So it’s advisable to search out lawyers who offer free consultations, since they would have nothing to hide. It’s not recommended to pay any money upfront or pay the bankruptcy fees, since one cannot be so sure about the quality of services offered in the future. One might well end up losing the money, if the services offered are not up to date. Usually, lawyers don’t refund any fees or money once they accept it. Good quality lawyers don’t demand any money upfront, since they are sure about themselves and their abilities. Such lawyers usually provide a fee payment plan, and help the client in providing affordable ways and means to pay the fees. The fact is lawyers too need money, and earn their living through their fees. A few lawyers collect total fees once they file for Chapter 7 bankruptcy. They do not charge any fees upfront, or leave and fees to be recovered later. Some lawyers prefer their fees to be paid off in parts or installments as they proceed ahead with the bankruptcy activity. Very few lawyers collect their money after the entire bankruptcy is dealt with.
It’s important to stop the attorney from rushing things. Filing a Bankruptcy is not a simple process. Lawyers are usually pressed for time, and there’s a tendency amongst lawyers to incorporate more work in limited time available. So they often tend to “combine” several activities together, and try to finish them “at a go”. This is wrong, but it occurs. So at times, if the lawyer is hurrying things up, or forcing the debtor to do things quickly, one should clearly state and clarify that it’s going to take some time, and that one needs certain flexibility in terms of timing to reach a decision. Arriving at decisions will take time. Basically, it’s the debtor who’s financial future at stake – not the lawyers.
When debtor decides filing for bankruptcy, it’s because he or she does not have enough money to pay off the creditors. That’s the basic cause – lack of money and hiring out lawyers costs money. Therefore, one has to look out for attorneys who are affordable, and who can spend enough time and resources to represent the individual properly and in an effective manner. That’s the only way to achieve desirable as well as favorable results.
