Chicago IL Mortgage Modification Attorney
A Real Estate Attorney in the Chicago area would know that around 90% of all loan modifications fail. Foreclosure is just a more attractive option for most creditors and banks. In order to have success with a mortgage modification it’s important that your modification is attractive to your lender. This can be done with an experienced Chicago legal team.
At the law office of Ranj Mohip we are experienced in the mortgage industry and we are very successful at negotiating with mortgage lenders and banks. There are many possible paths to the finish line and it’s important that we work together to find the best possible solution for you. Filing for bankruptcy as well as working on a mortgage modification can be the best solution in some cases.
Lenders are sometimes easier to work with if you are having a temporary financial problem. This may be a result of things like medical bills or a job loss. You will need to have sufficient proof of this to show your lender.
The current financial environment has made it tough for almost everyone. The Law Office of Ranj Mohip LLC is here to help you through the tough times. Please don’t hesitate to call us with any questions that you might have about Chicago mortgage modifications.