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- Foreclosure is a complicated and emotionally draining process. If you are having trouble with mortgage debt, it’s often best to research many options. Distressed Property Solutions Network has access to a team of professionals that work together to help you.
- A loan modification occurs when a lender agrees to change one or more parts of the loan terms in order to make the loan more affordable to the borrower (while still being able to repay the lender).
- DPS Network specializes in Loan Modifications. Property owners often benefit from a restructuring of their loan through modification. We have mortgage negotiators that have expertise in dealing with the lenders and can negotiate a deal for you. This is usually done as just one part of more comprehensive strategy, to assist you and your family in your financial recovery.
- Your score is used to set your interest rates on credit cards and loans, even to decide whether you get approved for those credit cards and loans. Car insurance companies use your credit score to set your rate.
- Look at it Chapter 13 is a way to save your home from foreclosure, and can indeed stop foreclosure so long as you continue to make the payments agreed to under the plan until all debt owed is totally paid off.
- Good foreclosure attorneys have special skills developed over years of law school and many years of practical experience, as well as extensive knowledge about the complicated area of foreclosure law. Only an experienced foreclosure attorney will be aware of all the possible defenses in your situation and know the proper way to use them to fight a foreclosure in court.