Homeowners going through a mortgage modification typically hire an attorney to represent them. This is for a variety of reasons. The largest reason is that an attorney, especially an experienced one, is familiar with the procedure of mortgage modifications. They know what typically will happen, and the homeowner’s options. Many attorneys even offer a free initial consultation to determine the best course of action.
Attorneys know the law, and that means that they understand your rights as the homeowner, and what the mortgage company can and cannot do under federal and state law. If the mortgage company violates your rights, an attorney will be able to recognize it and act accordingly to rectify the situation.
There may be a lot of paperwork involved in your mortgage modification process. Additionally, there may be many documents that need to be submitted. Again, an attorney can help with this, especially if the attorney is experienced and has assisted others in filling out the paperwork many times before.
Finally, your request for a mortgage modification may get denied for a variety of reasons. When this occurs, an attorney can help you navigate the appeals process. Once your attorney appeals and understands why you were denied, the attorney may be able to overturn the denial.
The Mortgage Modification Center
If you think you would benefit from being represented in your mortgage modification process, or if you have any questions, please call (401) 467-7998. The Mortgage Modification Center can provide you with a free consultation to discuss your options.
Attorney John S. Simonian is a Rhode Island and Massachusetts lawyer who specializes in bankruptcy law and mortgage modifications. Click here to learn more about Attorney Simonian.