Why Choose the Loss Mitigation Attorney?

• Lower your Monthlyt Mortgage Payment
• Lower your Interest Rate to as Low as 2%
• Eliminate Late Fees and Penalties

The main tool used to achieve results for our clients is a loan modification. A loan modification re-structures the terms of your existing mortgage to make your payments more affordable. But you can't expect lenders to make it easy. In fact, many homeowners fail to reach a reasonable settlement with their lenders. Most are able to settle a forbearance agreement or a payment plan, but rarely a long term loan modification. That's where our law firm's Loss Mitigation Department comes in.

Before taking that first step, you should consult a loss mitigation attorney who will review your case and help you make a negotiation game plan. The Loss Mitigation Department starts by checking your reviewing your case for legal flaws that can be used as leverage for negotiations. In particular, we can use violations of the Real Estate Settlement Procedures Act (RESPA) and the Truth in Lending Act (TILA) that occurred during the origination of your loan as leverage to negotiate with your lenders.

A good loss mitigation attorney can help you reach a loan modification that works for both you and your lender. When you come to us, we'll make sure you know all of your options, and we'll put our best effort into your loan modification needs so that you can keep your home or stop your foreclosure.

The Loss Mitigation Department employs a competent team of Loss Mitigation Specialists, Mortgage Professionals, Real Estate Brokers, Appraisers , all supervised by Georgette Miller , Esquire. The team handles hundreds of Loan modification and Foreclosure Prevention cases each month. You can trust us to negotiate aggressively until you get the results you want.

Why Use a Loss Mitigation Attorney?

Lenders are difficult for two main reasons: first, you get different answers from different service reps every time you contact your lender; and second, they are not set up to help you unless you already know exactly what they want. To get the best loan modification deal, you need legal assistance. Read on to find out how a loss mitigation lawyer can help you get real results from your bank.

• They know your needs. A loss mitigation or attorney will look at your case from a legal point of view. They know the right way to approach your lender, and they'll help you prepare your application for speedier processing. When we present your case, we'll be armed with all the supporting documents and the right negotiation techniques.
• They get the best Loan Modification Settlements. Lenders will take you more seriously when you have a professional by your side. Essentially, your loss mitigation lawyer will be vouching for you. Because they can use legal information as leverage, the modifications they can get are usually better than what you can get on your own.
• They have long-term relationships. A good loss mitigation attorney has established contacts with all of the major lenders. Combined with a good track record, this network helps them get better settlements and gives them more options. Your lawyer can get you more attractive offers, such as a lower interest rate, principle balance reductions, or even an extension of your loan term.
• They buy you time. If you attempt a modification on your own, there's a good chance you'll be passed around from one department to another without really moving forward. And if you're already facing foreclosure, you can't afford to waste time.

A loan modification is much like going to court: you can save your money and get a court-appointed lawyer, or you can invest in professional representation and get the best mortgage assistance. Loan modification won't happen overnight, but if with a capable lawyer and legal team, you can be sure you're in good hands.

Loan Modification

A loan modification can allow you to stay in your home if it results in a payment package that is affordable for the long run. Many new loan modifications are re-defaulting within 6 months of receiving their new modified terms. This means that most modifications are not being modified to a degree that is affordable on an ongoing basis. This is mainly due to homeowners that do not have legal representation, and are unable to properly present their situation to their lenders in order to get an adequate loan modification. Our legal team fights to get you the best possible loan modification with a low monthly payment, affordable for the long term.

Mortgage Attorneys That Protect Your Rights

At The Law Offices of Georgette Miller, Esq., P.C., we deal directly with your mortgage lender to modify your existing loan. This process can be complex, but we are here to offer guidance and support to ensure you are not being taken advantage of and that you are receiving the maximum benefits loan modification can give you. If you are need of a mortgage attorney to handle any and all of your loan modifications or loss mitigation needs, please do not hesitate to contact us at 800-355-2193 in the Wilmington, DE and Cherry Hill, NJareas, or 800-355-2193 for Philadelphia, PA and the surrounding counties.