Sometimes, Talking To the Bank Is All It Takes
Bankers are in business to make money. It is not in a bank's best interests for customers to default on their loans. If you are going through a rough time with your personal or family finances right now, negotiating a loan modification may help get you through it.
Attorneys at Patrick Burns & Associates, in Minneapolis, have years of experience negotiating mortgage workouts. We have helped numerous people refinance their home loan. When you meet with one of our experienced lawyers for your free consultation, we will discuss your current financial circumstances and determine whether a loan modification is your best answer, or whether a workout will just dig you deeper into a hole. You will be under no obligation to hire us to negotiate on your behalf or file for bankruptcy through our firm if you decide that your options have come down to that.
Contact us to arrange an opportunity to meet with one of our lawyers today.
Why Not a Loan Modification Company?
Loan modification companies care more for their bottom line than they do about you. Often, you will be required to pay into a special account until the company has enough money to offer your creditors a deal. While you are building up your account, you will also be required to continue to pay your creditors. The company you thought you hired will not negotiate on your behalf until they have their fee paid and enough money in the bank. Many people find they cannot maintain the additional payment into the account and have to file bankruptcy. The loan modification company then skims its fee of the top of the account and only returns what is left of your own money. It is no wonder Minnesota's Attorney General will not let these companies set up operations in our state.
Why a Lawyer?
A lawyer has the ethical and professional obligation to vigorously and fully represent your interests. That means looking for EVERY opportunity to negotiate a better deal with your creditors and banker. An experienced attorney on your side means that you can trust that your financial interests are being cared for and your rights are protected. At Patrick Burns & Associates, we know what terms mortgage lenders and creditors are likely to accept and we know your needs. We address the challenges, the goals and the outcomes that will work for you.
Contact us to arrange a free consultation today.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
