Mortgage Relief and Foreclosure Negotiation
We May be Able to Help You Save Your Home
Hundreds of thousands of Americans are in danger of having foreclosure proceedings brought against their homes, or already have. Most homeowners are doing their best, but are struggling due to circumstances largely beyond their control. Foreclosures can often be avoided.
Should you be in interested in mortgage loan modification, foreclosure negotiation, a deed-in-lieu, or other mortgage relief, please click here: McGrath & Spielberger’s Foreclosure & Mortgage Relief Contact Page. The Firm provides these types of services in Florida, Georgia, North Carolina, Ohio, South Carolina, and Tennessee. We look forward to hearing from you.
Click to learn more about the $25 billion “National Mortgage Settlement” entered into earlier this year between the Federal Government and 49 of the 50 states (including Florida, Georgia, North Carolina, Ohio, South Carolina, and Tennessee) on one side and Bank of America, Citigroup, GMAC / Ally Financial, JP Morgan Chase, and Wells Fargo on the other. This is also being referred to by some as the “DOJ Settlement” (Department of Justice Settlement).
For more information, please read the rest of this page or click here: McGrath & Spielberger’s Frequently Asked Questions about Foreclosure and Mortgage Loan Relief.
The attorneys at McGrath & Spielberger have extensive experience in complex negotiations. They can attempt negotiatiation of a mortgage loan modification, deed-in-lieu, or other resolution in order to prevent foreclosure against your home. While there is no magic wand, there are several aspects of mortgage loan modification which McGrath & Spielberger can attempt to negotiate on your behalf:
- Reduction of monthly payment amount by reducing the interest rate.
- Extending the length of your loan’s repayment period.
- Returning the loan to “current” status (if behind on payments).
- Principal reduction (rare) or principal forbearance (rare).
Of course, the banks, lenders, and servicers have to be reasonable and willing to negotiate. Fortunately, our attorneys have extensive experience in complex negotiations.