Bankruptcy and Loan Modification
Bankruptcy and Loan Modification Attorney in Attleboro and Providence
Loan Modifications Using Bankruptcy
Many people in Massachusetts and Rhode Island are suffering from job losses and the economic downturn. Falling behind on their mortgage payments and other debt has become a huge problem for many homeowners. Some homeowners have attempted to obtain loan modifications, only to find out they don’t qualify. If you find yourself in this situation, you do have options. While a loan modification company can only try to help you with modifying your loan, a professional loan modification and bankruptcy attorney can provide you with all legal options you may have to keep you from losing your home. BK Law Group PC has been helping the residents of Bristol, Norfolk, Worcester, Middlesex, Plymouth and Barnstable Counties in Massachusetts and throughout Rhode Island for over 20 years. Attorney Balser has successfully assisted numerous clients in keeping their homes. Her happy clients have nicknamed her “My Home Saviour” due to her hard work and dedication in doing whatever it takes to save her clients’ homes.
Often a homeowner will not qualify for a loan modification due to their debt ratio, with many other debts possibly being delinquent in addition to the mortgage. If a steady income can be shown that will qualify the person for a Chapter 13 bankruptcy, the person can restructure all of their existing debt that qualifies under this type of filing, thereby reducing their monthly outlay for payment on bills. This can enable them to qualify for the loan modification within the protection of the Chapter 13 filing.
Consult With BK Law Group PC
When facing a possible loss of your home, our office understands that this can be an emotional and distressing time for you and your family. Our goal is to provide a knowledgeable and caring professional who can direct you in the appropriate course of action that will work for your specific circumstances. Our team does not give up and will not take your case if we don’t feel we can help. Call us today for a free initial consultation.
Loan modifications using bankruptcy are an option to save your home. Contact a Bankruptcy Attorney from BK Law Group PC to find out more.