Loan Modifications in Butte County
Are you behind on a loan?
Being in arrears on a mortgage, vehicle or other type of loan can ultimately
result in loss of your home, car,
wage garnishment or lawsuits being filed against you. In these situations, even if you
feel there is no feasible way to catch up, there are solutions that may
be workable for you. The best way to learn how a loan modification or
other debt relief solution may benefit you is to consult a highly competent
Chico bankruptcy lawyer that is well versed in bankruptcy laws and procedures as well as the various
alternatives to bankruptcy that one can pursue.
A loan modification can be a highly effective solution as it enables a
debtor to work together with their lender to revamp the terms of their
loan and come up with a way to satisfy the bank. Typically, the negotiation
skills of a legal advocate will prove to be more successful than attempting
to make changes to a loan on your own.
Chico, CA Bankruptcy Attorney
For those that are eligible for loan modification, several options may apply:
- Lower the interest rate of a loan in order to more effective at paying
down the principle
- Extend the length of the loan in order to reduce the monthly payment
- Reorganize the loan so that the past due amount is can be paid at the end
of the loan
In order to find out if this is something you qualify for, and for information
bankruptcy and other
alternatives to bankruptcy that are available, the extensively experienced legal team of The Law
Office of Nikki Farris can help. We are passionate about helping people
gain control of their financial situations and we have assisted numerous
clients in changing the terms of a loan to benefit them and are standing
by to provide you with the solid representation you need and deserve to
help you keep what you have worked so hard to achieve and acquire.
Contact a Butte County loan modification attorney
at our firm now to discuss the details of you situation and find out how
we can assist you.