It’s a funny thing how we sometimes have a love hate relationship with lawyers/attorneys. At at this point in our horrible economic times, an attorney has become a super hero to homeowners.
Why do I say this? It’s because of some of the friends and co-workers who have had to go through the process of modifying their home loan.
Some have tried to do it alone and contact their mortgage companies while others had put their trust into loan modification companies.
I was happy to hear that one friend was able to modify his loan with GMAC due to his tenacity and his persistence with GMAC. Believe it or not, he had to refax his information four times. After three months, he was able to slash his monthly mortgage by $1200. Another friend was not so lucky.
He had given up on his mortgage company. Many phone calls to his loan company did not equate to anything as he always got a recording. He went through a loan modification company that took his money upfront and at the end of the process was told his mortgage company would not modify his loan. What a loss? He should of had a free consultation first.
Finally, his cousin told him about her experience with an law firm that helped her modify her loan and get her loan modified with a lower interest rate and lower monthly payment. In particular, Parman Law Group in Irvine, Ca helped her through the process. From their initial consultation the the final phase of her modification, this wonderful law firm kept her informed of what was happening.
My friend who wasn’t successful in getting through his loan company and using a loan mod firm, had just consulted with Parman a few weeks ago and from what he mentioned to me, he may be getting a refund from the loan modification firm along with Parman helping him modify his loan. He says that his attorney is his super hero.
I’ll keep you posted on his outcome.
This Topic Is Locked To Guest Posts
It's been a while since this topic was active, if you'd like to get it going again, please post as a registered member
