Personal Injury Law

Tips for Homeowners on home loan modification and foreclosure - From the Courtroom Podcast

By LaBovick Law

In this edition of "From the Courtroom" Podcast, Brian LaBovick, Esq., Scott Haft, Esq., and Paul Baltrun discuss the topics of Mortgage Modification and Foreclosure Defense.

• Brian F. LaBovick, Esq, Managing Shareholder of LaBovick & LaBovick, P.A.
• Scott R. Haft, Esq.,  Foreclosure Defense
• Paul Baltrun, Director Loss Mitigation (Mortgage Modification) Division

A recent report indicates that almost 15% of homeowners and mortgage holders in the State of Florida are currently more than 60 days behind on their mortgage. As a result, there is a huge demand for mortgage modifications in the state.

As part of LaBovick & LaBovick, P.A.'s community outreach program, the firm will provide free seminars to distressed homeowners on Mortgage Modification and Mortgage Foreclosure Defense.

The first seminar will take place on Wednesday, February 24 at 6:00 p.m. at our Palm Beach Gardens office located at 5220 Hood Road.

The seminars will provide a free evaluation of your financial picture and include information and advice on:

• Mortgage Modification and Foreclosure Defense
• Explanations of how homeowners can defend themselves against foreclosure
• Inform homeowners of the options available to help save their homes
• Evaluate options for people struggling with unsecured debt such as credit card debt
• Discuss the use of bankruptcy as a viable option to relieve debt

The Mortgage Modification process continues to improve, and homeowners have several options.
 

By modifying your mortgage, you can:

• Significant reduce your monthly mortgage payment, and
• Bring your mortgage current if it is past due 

Even if a house is in foreclosure, mortgage modification may still be able to work out a plan to help keep you in your home.

One of the greatest purposes of Foreclosure Defense is to give homeowners more time to pursue options such as mortgage modification to help save their homes.

Some of the benefits of avoiding foreclosure through mortgage modification include:

• Protecting your financial interests well into the future
• Protecting the bank or lender's financial interest
• Protecting your personal interests, including keeping your family in your home

 Tips for Homeowners on home loan modification and foreclosure - From the Courtroom Podcast

Full post as published by LaBovick Injury Law Blog on February 18, 2010 (boomark / email).