There are few things more frightening and potentially overwhelming than accruing debt and being unable to pay it off. However, for many people, foreclosure mediation is a very valid option and can help them take back control of their lives. If you would like to learn more about foreclosure mediation and whether it’s the right option for you, simply continue reading and reach out to an experienced Bergen County foreclosure mediation lawyer from the Law Office of Boyd & Squitieri to learn more about the process and how our legal team can help. Here are some of the questions you may have:
What is the foreclosure mediation process like?
The first thing you should understand about foreclosure mediation is that though it’s a complicated process, you don’t have to go it alone. Our firm has significant experience dealing with mortgage companies and we can take the reins and help ensure it moves along as smoothly as possible. During mediation, the mortgage company’s attorney, a representative from the mortgage company, you, and your attorney will speak on the phone. We will determine whether you qualify for a loan modification. If you do, it will terminate foreclosure and let you keep your home. A loan modification allows a person whose mortgage on a home they live in that is pending foreclosure and is in their name to pay a reduced mortgage payment that best works for them. We will deal with the Office of the Clerk of the Superior Court, lenders, creditors, and banks on your behalf to attain the best result possible for you.
What is a loan negotiator?
A loan negotiator is often an attorney who works with lenders, banks, and lien holders on behalf of clients looking to keep their homes. Though scare tactics from banks and lien holders can be overwhelming, with the right attorney on your side, you can have peace of mind knowing that you’re on a path to relief. Our firm is here to help. All you have to do is pick up the phone and give us a call today.
CONTACT OUR EXPERIENCED NEW JERSEY FIRM
The Law Office of Boyd & Squitieri prides itself on providing our clients with the competent, honest, and effective legal advice they deserve. Whether you are facing sex crime charges, require assistance filing for bankruptcy, or are looking to go through the foreclosure mediation process, you can depend on us to fight for your rights through every step of the process going forward. Contact the Law Office Boyd & Squitieri today to learn more about how our legal team can help you.