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.