Foreclosure and Loan Modification Blog (12)

Successful Loan Modification Roundup Week of 4/20/18

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are some of their stories.

Every week we obtain loan modifications for our clients with a variety of loan servicers. You can see these results as they are announced on Twitter (#loanmodwow) or Facebook. Here are some of our results from this week with PennyMac, US Bank, M&T Bank, Mr Cooper, and Carrington:

PennyMac

Our PennyMac client was $11,376 past due on mortgage, but we helped him get a three month trial loan modification with $480.86 cheaper monthly payment!

How Do You Find The Right Lawyer To Cancel Your Timeshare?

Deciding that you want to cancel your timeshare contract is an important decision, but actually making it happen is another matter. You may have no idea where to start.

One thing is for sure: just wishing to be out of your timeshare isn't going to make it happen. There's an old saying that goes “you can wish in one hand and sh*t in the other.”

You've got to actually take action to get out of your timeshare. Timeshare contracts are legally binding and getting out of them can be complex and time-consuming. Doing it in the wrong way could have serious negative consequences, including damaging your credit score.

You may be able to get out of your timeshare on your own, but hiring an attorney to help you cancel your timeshare would be better.

For something so important, you don't want just any lawyer. Like doctors, lawyers to to focus their practice in a specific area. You wouldn't want to hire a criminal defense attorney to cancel your timeshare contract any more than you would want an orthopedic surgeon to remove your tonsils.

You want a lawyer with relevant experience who charges a fair fee and is honest. To help you find that attorney, here are some things you can do:

[fa icon="clock-o"] Tuesday, April 17, 2018 [fa icon="user"] Maxwell Swinney [fa icon="folder-open'] timeshare cancellation

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are some of their stories.

Ocwen

Our Ocwen client was 6 months and $4,606.10 past due on her mortgage, but we helped her get a 3 month in-house trial loan modification with $14.43 monthly savings!

[fa icon="clock-o"] Friday, April 13, 2018 [fa icon="user"] Maxwell Swinney [fa icon="folder-open'] ocwen loan modification, sps loan modification, loan modification success

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are some of their stories.

Chase

Our Chase client was 9 months and $11,572 past due on his mortgage payments, but we got him a three month in-house trial loan modification plan with $298.86 monthly savings!

It's Time To Get Your Taxes Done (And Save Your Home)

Ben Franklin said the only two certainties in life are death and taxes. Certain to happen, sure, but when? Death row inmates aside, we don't know when we'll die. But the day our income taxes are due is known. Normally it's April 15. That's a Sunday this year, so the government has set Monday April 17 as the deadline to file income tax returns.

You have to file income taxes with the federal government every year unless you meet the requirements to be exempt. If you owe money to the IRS and don't pay, they will charge you interest and even pursue criminal charges. Just ask Wesley Snipes, he went to prison for two and a half years over tax issues.

[fa icon="clock-o"] Sunday, April 1, 2018 [fa icon="user"] Maxwell Swinney [fa icon="folder-open'] loan modification, bank of america foreclosure, income tax

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are some of their stories.

Bayview

Our Bayview client was $31,554.20 past due on his $1,309.87 a month mortgage payment, but we got him a three month trial loan modification plan with amazing 52% lower payment for $685.67 monthly savings!

Did You Get A Forbearance Or Deferment After Hurricane Irma?

If you accepted your mortgage lender's offer to suspend your house payments so you could get back on your feet after a hurricane, you may have found that their help actually put you at risk of foreclosure. Hurricane Irma, as well as Harvey and Maria, caused damage that led some homeowners to wind up in that situation.

Many homeowners accepted their lender's offer without knowing exactly what kind of help they were getting and what the consequences of that help would be. There are also cases of the bank saying one thing and doing another.

To have our law firm review your Hurricane Hardship [Request Your Review Here]

Let's take a look at two of the main ways mortgage payments can be suspended and repaid following a disaster:

Forbearance

A forbearance is when a lender temporarily suspends your payments so you can avoid falling behind on your loan for a period of time until your hardship is over. After it's over, all the missed payments typically have to be paid back in one lump sum.

It's great to have your bank's permission to not make some payments if you have an emergency and need to spend your money on other things. But, if your money is tight enough to need a forbearance, how are you going to afford to pay back 3, 6, or 12 missed payments in one fell swoop? That's why a forbearance is so dangerous. If you're at the end of your forbearance period and can't pay the money back and the bank won't give you a repayment plan, you could end up in foreclosure.

[fa icon="clock-o"] Friday, March 30, 2018 [fa icon="user"] Maxwell Swinney [fa icon="folder-open'] foreclosure, hurricane irma

2017's hurricanes are long gone, but some homeowners affected by Irma, Harvey, and Maria are trying to avoid foreclosure after their bank-approved forbearance caused them to end up in foreclosure.

How could that be?

Hurricane Hardships

When hurricane Irma tore through Florida, it knocked out power and damaged property. A lot of people missed work and had to spend extra money on things like home repairs, replacement groceries, fuel for a generator, or a hotel. All the extra expenses made it hard or impossible to pay the mortgage.

Fortunately, many banks offered some assistance to homeowners going through a hurricane-related hardship. Unfortunately, after that temporary assistance ended, some homeowners are finding themselves worse off than before.

[fa icon="clock-o"] Tuesday, March 27, 2018 [fa icon="user"] Maxwell Swinney [fa icon="folder-open'] florida foreclosure attorney, hurricane irma, mr cooper loan modification

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are some of their stories.

Every week we obtain loan modifications for our clients with a variety of loan servicers. You can see these results as they are announced on Twitter (#loanmodwow) or Facebook. Here are some of our results from this week with Nationstar, Selene, MGC Mortgage, Carrington, 21st Mortgage, and Mr Cooper:

Selene

Our Selene clients were more than 5 years (61 months) and $134,138 + fees past due on their mortgage and foreclosure was started, but we helped them get a 6 month in-house trial loan modification plan with $92,752.42 deferred interest free and a fresh start!

Successful Loan Modification Roundup Week of 3/16/18

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are some of their stories.

Every week we obtain loan modifications for our clients with a variety of loan servicers. You can see these results as they are announced on Twitter (#loanmodwow) or Facebook. Here are some of our results from this week with Flagstar, Gregory Funding, Wells Fargo, Ocwen, and Caliber:

Gregory Funding

Our Gregory Funding client was $10,719.62 past due on his mortgage, but we helped him get a final loan modification with massive $358.01 savings on his monthly payment!

Foreclosure and Loan Modification Blog

Successful Loan Modification Roundup Week of 4/20/18

PennyMac

How Do You Find The Right Lawyer To Cancel Your Timeshare?

Successful Loan Modification Roundup Week of 4/13/18

Ocwen

Successful Loan Modification Roundup Week of 4/6/18

Chase

It's Time To Get Your Taxes Done (And Save Your Home)

Successful Loan Modification Roundup Week of 3/30/18

Bayview

Did You Get A Forbearance Or Deferment After Hurricane Irma?

Forbearance

Did Your Hurricane Irma Forbearance Cause Foreclosure?

Hurricane Hardships

Successful Loan Modification Roundup Week of 3/23/18

Selene

Successful Loan Modification Roundup Week of 3/16/18

Gregory Funding

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