2

Foreclosure Defense and Loan Modification Blog

IL Couple Keeps Home AFTER It Was Sold In Foreclosure Auction

Posted by Maxwell Swinney

Saturday, April 21, 2018

In December of 2017 we were hired by homeowners in Williamson County, Illinois who needed help keeping their home. To protect their privacy, I'll call them the Taylors.

Unlike most of our clients who want to avoid foreclosure and/or get a loan modification, the Taylors had already lost their home in a foreclosure auction and didn't want a loan mod.

Wait a minute. If they'd already lost their home, why in the world did they hire a law firm to help them save it?

Because a foreclosure sale isn't necessarily the point of no return in foreclosure. There are ways for a homeowner to get their house back even after it has been sold. There's something called a right of redemption, which is: “the right of a debtor whose real property has been foreclosed upon and sold to reclaim that property if they are able to come up with the money to repay the amount of the debt.” 

Read More

Topics: foreclosure auction

Successful Loan Modification Roundup Week of 4/20/18

Posted by Maxwell Swinney

Friday, April 20, 2018

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!

Read More

Topics: m&t bank loan modification, us bank loan modification, penny mac loan modification, loan modification success, mr cooper loan modification

Successful Loan Modification Roundup Week of 4/13/18

Posted by Maxwell Swinney

Friday, April 13, 2018

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 Ocwen and SPS:

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!

Read More

Topics: ocwen loan modification, sps loan modification, loan modification success

Successful Loan Modification Roundup Week of 4/6/18

Posted by Maxwell Swinney

Friday, April 6, 2018

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 Chase, Mr Cooper, Wells Fargo:

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!

Read More

Topics: wells fargo loan modification, loan modification success, mr cooper loan modification, chase loan modification

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

Posted by Maxwell Swinney

Sunday, April 1, 2018

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. 

Read More

Topics: loan modification, bank of america foreclosure, income tax

Successful Loan Modification Roundup Week of 3/30/18

Posted by Maxwell Swinney

Friday, March 30, 2018

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 Bayview, Caliber, Ocwen, SLS, and Carrington:

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!

Read More

Topics: ocwen loan modification, carrington loan modification, caliber loan modification, bayview loan modification, sls loan modification, loan modification success

Did You Get A Forbearance Or Deferment After Hurricane Irma?

Posted by Maxwell Swinney

Friday, March 30, 2018

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.

Read More

Topics: foreclosure, hurricane irma

Did Your Hurricane Irma Forbearance Cause Foreclosure?

Posted by Maxwell Swinney

Tuesday, March 27, 2018

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.

Read More

Topics: florida foreclosure attorney, hurricane irma, mr cooper loan modification

6 Tips for Success for Our Foreclosure Defense Clients

Posted by Maxwell Swinney

Monday, March 26, 2018

A successful relationship between a client and a law firm requires both parties to do their job. The firm may have the most work to do, but there are some things that only the client can do. Even the greatest attorney in the world can't get you what you want if you're not playing ball.

If you hire our law firm, take the steps below to ensure that you have the best relationship with us and the highest chance of getting the outcome you want.

1. Add our phone numbers to your contacts and return our calls.

Have you ever received a call from an unknown number and not answered it because you assumed that if the caller was important to you, you'd already have their number saved in your phone? Probably a telemarketer, you figured. Then you get a voice mail and realize that the caller was someone very important to you, but you didn't add their number to your contacts yet. Crap!

Don't let that happen with a call from your lawyer. Add our number to your contacts and answer when we call you -- it's probably important. If you're a client of our firm, you will be getting calls from 877-882-5338 or 866-558-2408. You might also want to add your paralegal's direct fax number, so you have it handy while you're doing #3 below.

Read More

Topics: loan modification, foreclosure defense attorney

Successful Loan Modification Roundup Week of 3/23/18

Posted by Maxwell Swinney

Friday, March 23, 2018

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!

Read More

Topics: carrington loan modification, nationstar loan modification, selene loan modification, loan modification success, 21st Mortgage loan modification, mgc mortgage loan modification, mr cooper loan modification

About this Blog

Amerihope Alliance Legal Services is a leading loan modification and foreclosure defense law firm with attorneys licensed in 5 states. We have helped over 7,000 homeowners fight back and keep their homes.

Click to Read Our Super Loan Mod Success Stories

Our goal is to provide valuable information to help homeowners who are trying to obtain a loan modification or to stop foreclosure. You may schedule a free consultation at any time.

Quick Answers

Do You Need To Hire A Foreclosure Attorney? Take Our 2-Minute Quiz

2015 Guide to Loan Modification

New Call-to-action 

Most Popular Articles

Downloads

Learn How to Check  Your Florida Foreclosure Case Status

Guide: How to Write a  Hardship Letter  for Loan Modification

Posts by Topic

see all

Subscribe to Email Updates

Foreclosure Process Handbook

IL-foreclosure-attorney-mapDownload Your Illinois  Foreclosure Process Handbook

 

 

florida-small Download Your Florida  Foreclosure Process Handbook

 

 

new-jersey-map-smallDownload Handbook: New Jersey  Foreclosure Process

 

 

New-York-SmallDownload New York  Foreclosure Process Handbook

 

 

pennsylvania-sm-attorneyDownload Pennsylvania  Foreclosure Process Handbook