Should homeowners who want to obtain a loan modification from their lender hire an attorney to help them achieve that goal? Attorneys say their services can be helpful, but lenders counter that such services are an unnecessary expenditure of money that would be better applied to overdue mortgage payments.
“Lawyers can be and have been very helpful in many cases,” says Howard Miller, 2009 president of the California State Bar and a partner at Girardi Keese, a Los Angeles law firm. Miller says attorneys can help borrowers understand their legal rights, negotiate with their lender, complete the required paperwork for a loan modification and even stop a foreclosure sale.
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i have hade bad advise from 4 morgage companys in 10 years time been in modifcation program 3 years sold from lehmen bros. to aurora. countrywide. and now called bank of america.the advise they gave me was.miss leading.and not trust worthy.i was force to file chapter13.to save my home.all rearage packaged up for 5 years payments.yet.my taxes,insurance.has not changed in 10 years my 1st morgage payment.went from 560.00month mto 744.00 last 10 years no one can explain to me why.any late fees.attorney fees.rear payments .are in chapter 13.been getting tanking advantage of.10 years,now.been making payments one year,not one person willing to modify. who do you trust. do you give in and walk away.take your losses. or do the right think.totally lost and giving away money that would of caught my home up.im getting really frustraded and dumb founded….. mr. JOHN DOE…….SOS…..SOS… ANY ONE OUT THERE. HELLO…………………………………
John, so was your house foreclosed at the time you file chp-13? I thought Chp-13 does not help with house.