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New York Loan Modification Attorney

Loan Modification Help for Homeowners in New York

Obtaining a modification of your home loan can mean the difference between being able to afford your monthly mortgage payments and losing your home in a foreclosure.  If you are facing the loss of your home, it is imperative that you consult with a New York bankruptcy attorney who may be able to secure a loan modification on your behalf.  With their help, you will have a stronger chance of avoiding a situation in which your home is taken away by the lender.

A loan modification, or mortgage modification, is a process that involves a lender agreeing to modify the terms of an individual's home loan, enabling the person to more easily afford their mortgage payments.  A modification can be done in a variety of ways, including lowering the interest rate of the loan, eliminating penalties and fees that have accrued, or adding penalties and interest onto the principal amount owed.  These changes lead to a result in which the homeowner's monthly payments are lowered, or in which an insurmountable "penalty payment" is waived.

Do you need help securing a loan modification?

Price Law Group features an attorney team that has decades of combined experience in the areas of bankruptcy and debt relief.  In the years following our establishment, we have assisted over 100,000 individuals in their efforts to obtain renewed financial stability, through a variety of means.  If you are struggling financially due to an unmanageable mortgage payment, contact our offices today, and we will assist you in possibly securing a loan modification that will allow you to remain in your home.

If you are concerned about the possible foreclosure of your home, contact a New York Loan Modification Lawyer who can assist you in possibly acquiring more favorable terms to your home loan.

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