Loan Modification, Foreclosure Assistance, & Foreclosure Help by The Feldman Law Center

Loan modification is the focus on our website, however; we do provide our clients with proper legal advice and share expertise in the areas of real estate transactions, mortgage negotiations, loan modifications and debt settlement. The Feldman Law Center, a Loan Modification Attorney, was founded by Steven C. Feldman who has been licensed by the State Bar of California for over 25 years. We are consumer and homeowner advocates that will protect you from home foreclosure with our detailed loan modification program. The Law Offices were established to focus on real estate matters that include debt negotiation, predatory lending violations, settlements and loan modification. We are here to help stop foreclosure, and fight mortgage fraud.. Learn more about the Feldman Law Center

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Avoiding Foreclosure, What are your options as a homeowner?

Do Nothing - The stress of facing foreclosure can push many homeowners into turning their head and letting the foreclosure process run it's course. Doing nothing to save your have is the worst mistake you can make. You can avoid foreclosure with foreclosure assistance by a loan modification attorney. Saving your home from foreclosure should be your top priority. Homeownership is the key to financial wealth, personal health, and a stable family. Why do nothing when we can stop foreclosure today.

File Bankruptcy - While this option may of been very popular in the past new bankruptcy laws and restrictions make this once easy process very hard. Filing for bankruptcy may not relieve you of your obligation to repay your mortgage, foreclosures may still proceed, and it may damage your credit for the rest of your life. Avoid bankruptcy at all cost and consult a loan modification attorney before filing for bankruptcy.

Short Sale - A short sale typically is executed to prevent a home foreclosure. Often a bank will choose to allow a short sale if they believe that it will result in a smaller financial loss than foreclosing. The downside to a short sale is that it takes time to sell a home even at a bargain in such a defunct housing market. There are foreclosures on every block, housing prices are rock bottom, and selling a short sale is next to impossible. The entire time the home is on the market you are still responsible for your mortgage payment, taxes, and insurance. Can you truly afford this option?

Loan Modification - Loan modification has quickly become the best option for homeowners facing home foreclosure. Loan modification is not the only option for homeowners trying to avoid foreclosure due to late mortgage payments. However; it is an option that can save your home while putting you in a mortgage you can afford. So how does loan modification work and who is eligible for a loan modification? Here are some helpful tools and resources below to help you understand your options.

The most common loan modifications are lowering the interest rate, reducing the principal balance, 'fixing' adjustable interest rates, forgiveness of payment defaults & Fees, or any combination of these. A loan modification can help home owners who can’t refinance or afford their current mortgage payments. Getting an approved loan modification for troubled home loans can help stop the foreclosure process.

A loan modification with a loan modification attorney may offer a more favorable loan modification agreement than your mortgage lender will offer you directly. With so many home loans adjusting to higher payments a loan workout with the Feldman Law Center, a Loan Modification Attorney, can modify mortgage loan terms fast and effectively. Obtaining foreclosure help and proper legal advice from a loan modification attorney will get you a better loan modification agreement with your lender and preserve your credit. If you are already behind in your mortgage payments this may help stop the foreclosure process and help you avoid foreclosure.

A loan workout needs to perform for both parties; your lender does not want your home and to go through the foreclosure process. However, they may not want to accept your partial payment and threaten foreclosure if you are late or in default. We can offer free foreclosure help and advice to homeowners that want to keep their home. Please use our short form above to receive a free foreclosure assistance consultation. Our consultation is FREE.

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Loan Modification & Government Assistance?

The number one question we get from homeowners calling into the law center is, "Should I wait for the government to help bail me out of my mortgage?". Well we do not want to sway anyone from choosing their own path. We do want to provide you with the tools and resources to make the best decision for you and your family. A decision that will save your home from foreclosure. Here is some research we have done on your behalf to answer that question.

Consumer Alert! California has just passed a new law that may result in making it more difficult for you to hire a law firm or other company to assist you with your loan modification. SB 94 was signed into law on October 11th by the Governor. Read More. Government Bailout? First we have to look at the "bailout" put in place by the government. The initial bailout plan was to buy up bad mortgages and stop foreclosures. This obviously did not happen and most of the funds were used to bailout banks. Why bailout the banks and leave homeowners in turmoil? Read More.

Will waiting on government foreclosure assistance hurt me? So far there is no evidence of direct government assistance to help homeowners avoid foreclosure. The bailout helped the banks and government programs are directed towards helping your lenders, not you. Obtaining a certified loan modification attorney to negotiate with your lender is imperative and can save your home from foreclosure. Read More.

New FDIC loan modification program? The FDIC, Federal Deposit Insurance Corporation, has issued a loan modification program that projects saving over 1.5 million homes from foreclosure in the next year. What is the program about and will it help you stop foreclosure or is it just another bailout bust? Read More.

Florida Stops Foreclosures for 45 Days - What does this mean for you? Florida banks and mortgage lenders have agreed to stop home foreclosures for 45 days under certain conditions, but the new plan will not provide help to anyone already in the foreclosure process. Will this plan help homeowners or just put off a crisis that needs to be addressed now. Learn more.

The Foreclosure Process - How you can come out on top? Foreclosure and the risk of losing your home is the most stressful thing a family can experience. The foreclosure process is confusing and your rights as  homeowner are not going to be explained by your lender or the courts. You need foreclosure assistance from a loan modification attorney with a successful track record. Learn more about the foreclosure process and how The Feldman Law Center can stop foreclosure. Learn more.

Bankruptcy Consultation One of the wisest decisions you can make is to have a consultation with a California bankruptcy attorney. You may be facing incredibly difficult financial circumstances which are causing you to consider some form of debt relief and/or bankruptcy. However, what you may not know is that there are many options available to you, and each option has its own challenges and complex legal nature. The team at the Feldman Law Center will be able to sit down with you and discuss your debt problems, your financial challenges, your current income and what bankruptcy options are right for you. We will guide you to see if a California bankruptcy attorney will be your best optionLearn more.

How to avoid or stop foreclosure law information in the following states: