Loan Modification Lawyer in Newark
Obtaining a loan modification is the best way to cure the default because it adds all the missed payments to the principal balance. The lender then recalculates a new payment with a new interest rate.
The benefits of a loan modification include:
- Curing the default
- Obtaining a lower interest rate
- Allowing you to start making payments again
- Avoiding losing the collateral (e.g. your home or vehicle) through foreclosure or repossession
Unfortunately, obtaining a loan modification is rarely easy. You might run into several frustrating challenges, such as receiving conflicting information, submitting the same paperwork multiple times, being placed on hold for hours, waiting for weeks or months for a response, and not getting a response at all. If you are considering applying for a loan modification, or you have already begun the process but have run into the above issues, you will need support from our loan modification attorney, Todd Murphy.
Founded in 2009, Dublin Packard, Attorneys at Law takes great pride in assisting struggling individuals and families throughout Newark. Many people struggle to get loan modifications, but the stakes may be extraordinarily high—and our attorney wants you to benefit from his 20+ years of experience.
End your struggle and the vicious cycle of lender negotiations. Call our Newark loan modification attorney at (862) 305-4901 or send us an online message today. We can begin with a free initial consultation.
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