Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 5,000 homeowners, here is one of their stories.

A newly single Florida homeowner had endured a financial hardship for nearly half a decade, and by the time he was able to begin picking up the pieces, he was 5 years and over $156,000 behind on his mortgage payments to Ocwen Financial. This homeowner was locked into a monthly mortgage payment of $2,341.74 at an astronomically high 10.30% interest rate. He had already been offered a loan modification which he wasn't able to afford, and his home was about to be sold in foreclosure if he didn't do something quickly. However, this homeowner's situation changed completely in the months after he retained our firm this February 2013.

What is a Credit Profile?

Your credit profile is a history of your credit behavior. Your credit history is compiled by credit reporting agencies that receive your financial information from certain creditors. It is worth noting that not every creditor reports financial information to the credit reporting agencies, however, most major banks and companies that grant credit to consumers do report financial information regarding their customers to the credit reporting agencies. The credit reporting agencies use the financial information about a consumer to formulate a credit score. Many lenders and companies that grant credit to consumers utilize consumer credit scores to determine if they will grant credit and how much credit they are willing to grant. Sometimes interest rates on loans are determined by lenders based upon the borrower’s credit score.

• Do you know what's the best thing to do after receiving a foreclosure notice?
• Do you understand how long it takes to foreclose on a house in New York?
• Are you prepared to deal with New York's foreclosure process?

If you weren't sure how to answer any of these questions, then you should take half a minute to download the New York foreclosure timeline, especially if you're at risk for foreclosure or if you're already involved in the foreclosure process.

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 5,000 homeowners, here is one of their stories.

A Florida homeowner was having difficulty paying his monthly mortgage payment and was fearful of losing his home. His fear was well-founded, because he was nearly 1.5 years behind and over $52,000 past due on his monthly mortgage payments to Bank of America. This situation was further exasperated by the high cost of his monthly payment: nearly $3,400 monthly.

Learn How the Fair Debt Collection Practices Act Protects You From Harassment by Debt Collectors

Mortgage lenders and other debt collectors are well-known for harassing people with consistent, annoying phone calls and threatening messages. Most people don't know that there are laws in place to protect them from these phone calls. The Fair Debt Collection Practices Act (hereinafter referred to as “FDCPA")  limits the timing and recurrence of phone calls from creditors, and also gives consumers the ability to opt out of debt collection calls with a simple cease-and-desist letter. It's disappointing that more people don't take advantage of these consumer protection laws.

Foreclosures broke records in the years following the 2007 subprime lending crash and housing market collapse. Many industry watchers used the word "crisis" to describe the rapid increase of foreclosures. Illinois is one of many states to try to address the problem with legislation to help protect struggling homeowners. While homeowners do have a better opportunity to stop foreclosure in Illinois with the new laws, as you might expect, there are complexities. Typically, a homeowner's best option is to hire an attorney experienced with foreclosure defense in Illinois.

Disclaimer: these results should not be construed as a guarantee, as each case is unique. We have helped over 5,000 homeowners, here is one of their stories.

A mature, single Florida homeowner was having difficulties making her mortgage payment, because of limited income from social security. She was even renting out one of her bedrooms. It just wasn't enough to make ends meet. When she retained our law firm, she hadn't paid her mortgage in over 10 months, she owed her lender—Nationstar Mortgage—over $8,000 dollars, and her home was in the foreclosure process. No foreclosure sale date had been set yet.

In 5 years, Amerihope Alliance Legal Services has accomplished a LOT. We have completed over 5,000 loan modifications for our clients, stopped countless foreclosures. Many homeowners are back on their feet because they chose to retain the foreclosure defense lawyers at our firm.

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Every Homeowner In Your State Deserves a Homeowner Bill of Rights. Here's Why.

California was once one of the worst places to experience foreclosure, but now it is a model state for giving homeowners a a fair shake against their mortgage lenders. One single piece of legislation is responsible for this change; that legislation is the Homeowner Bill of Rights. California's Homeowner Bill of Rights formally took effect at the beginning of 2013. According to the California Attorney General's Office, the Bill of Rights "ensures fair lending and borrowing practices for California homeowners... these laws are designed to guarantee fairness and transparency for homeowners within the foreclosure process."