Loan
Modification
/ Short
Sale
/ Deed-in-Lieu of
Foreclosure
Have you fallen behind in your house payments and the mortgage company is threatening to foreclose? Has your mortgage company already started the foreclosure process? Is your home loan scheduled to adjust and you don‘t know how you‘ll be able to afford the new payments? Has your household income been reduced and therefore you can no longer afford your current monthly mortgage payments? Is your house worth less than what you owe? Are you trying to sell your house and can‘t but need out?
If the answer is YES to any of these questions, you’ve come to the right place.
Berman Law is a LAW FIRM, not just some company claiming to be “attorney backed” that will help you secure a Loan Modification with your Lender to obtain a payment that you can afford. Berman Law will analyze your unique situation to get you the best result possible.
Berman Law will help you save your home or negotiate with your lender to allow you to part ways with the least adverse effect on you.
Berman Law is the first Law Firm to exclusively devote the majority of its attention Modifying Loans on behalf of its clients. Berman Law has extensive knowledge of the process by which residential real estate loans are reviewed, approved and modified and therefore Berman Law uses its legal expertise to effectively negotiate with lenders on their client’s behalf.
Berman Law focuses exclusively on providing quality service to those clients who need resolutions of their mortgage delinquencies, including providing an in-depth analysis of the particular circumstances of each loan, obtaining new affordable monthly payments, or alternatively devising an exit strategy that minimizes the adverse effects of late payments/and or foreclosure proceedings.
Berman Law starts working for you from initial contact. We will prepare and analyze your data and begin to structure a strategic plan to help either save your home or get you out of it with minimal adverse effect to you. We will negotiate with the lender to modify your loan to an affordable and comfortable payment or we will work to negotiate a Deed in Lieu of Foreclosure or a Short Sale on your behalf. We know how to present your situation so that you end up with the best possible resolution and because we are a Law Firm, and not just some company claiming to be “attorney backed”, lenders are not only more receptive to work with us, we get better results at a much more rapid pace.
Berman Law works as diligently as possible to assist each of their clients in attempting to obtain a solution that is realistic and in their best interest. If, and only if, we believe that we may be able to help a potential client modify their mortgage debt, we will agree to try to help the client.
The first step in the process is our FREE Initial Consultation. From there, once we’ve met we can analyze your situation and establish the best course of action for you.
Contact Berman Law today to schedule your free consultation.
*All prospective clients must provide a package of relevant documents, such as promissory notes, mortgages and other loan-related documents, income-related documents such as pay stubs, bank accounts, tax returns and a statement of hardship. Often a brief explanation, such as divorce, loss of a job or an unexpected illness will be sufficient. This package will be reviewed by a member of our firm in order to determine whether we believe in good faith and based upon recent experience if we can help you.
Berman Law has the following forms for download:
- General Information
- Financial Worksheet
- Borrower’s Authorization
- Hardship Statement
- Limited Power of Attorney
The typical process is as follows:
