Jackson Loan Modification Attorneys in Mississippi

Many people have been unable to make mortgage payments during the COVID-19 pandemic.  Borrowers will eventually have to make arrangements to make up the missed payments.  Some lenders will agree to add the missed payments to the end of the loan but others may not.  There are thousands of lenders and they will handle this situation differently.  If you are unable to come to agreeable terms with your mortgage company, a mortgage modification may be the way to get your loan back in good standing.  Our Jackson loan modification lawyers have guided people through the process from beginning to end.

Our loan modification attorney for Jackson Mississippi clients at The Rollins Law Firm can help deal with your debt issues. Our Mississippi bankruptcy and loan attorneys have offices in Ridgeland, Clinton, Hattiesburg, Gulfport, Meridian, Vicksburg, and Columbus, Mississippi.  We also get many cases from Biloxi, Laurel, McComb, Yahoo City, and Kosciusko.  We want you to know that we understand what you are going through.  We cannot guarantee you the result of modifying your loan but we can tell you that we have successfully navigated loan modifications during bankruptcy in Jackson before.  We know that Mississippians consider home ownership as a very important part of their lives.  We get a lot of satisfaction from helping people keep their most important property. 

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Our Jackson loan modification lawyer can guide you!

Financial stress can make life unbearable. No one should have to live with the fear of losing the roof over their head. Providing a home for your family in Mississippi is a basic necessity. Our loan modification attorneys in Ridgeland, MS find that protecting their home is the number one priority for many of our clients. The mortgage company doesn’t care about your family. Your home is too important to leave up to chance. You need someone in your corner to guide you through the process.

Although our Jackson loan modification lawyers can’t do everything for you, we can make sure you know what needs to be done and advise you and whether you are getting a good deal. If a modification doesn’t work, then we can make sure you know all of your other options to save your home. We also provide payment plans to help make our fees more affordable.

Getting a Good Jackson Loan Modification Deal

The typical loan modification will result in a lower monthly payment.  The downside is that the loan will usually be extended by adding extra years to the end of the loan.  Many times this is still a good deal because the bank will agree to lower the interest rate.  Lowering the interest rate on the loan can save you thousands of dollars.  A loan modification can sometimes be much cheaper than alternatives like Chapter 13 bankruptcy.

Many people try to obtain a loan modification without the help of a lawyer and some are successful, but there are many good reasons to hire a Jackson loan modification lawyer.

  • When a loan modification lawyer is not involved, the mortgage company will often make the documentation process unbearable.  They will ask for the same document a dozen times. When a lawyer is involved the mortgage company is more likely to take the process seriously.
  • The mortgage company may offer you a worse deal if you don’t have a Jackson loan modification lawyer.
  • The final loan modification documents are long documents with small print and legal speak.  We have experience reviewing these documents.  We can not only explain to you what they mean, but we can also tell you if it is a good deal and how it compares to other modifications that we have helped with.
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How Your Jackson Loan Modification Lawyers Prepare Your Loss Mitigation Paperwork

A loan modification is also known as loss mitigation. If you get a letter from your mortgage company about loss mitigation, they are talking about several options for dealing with the default. Of the options available, loan modification and Chapter 13 bankruptcy are the options that are most likely to result in the borrower keeping their home and getting the payments in good standing.

Our Jackson loan modification lawyers can provide legal assistance in preparing your loan modification documents, but we will need your help as well. You must help us answer the questions on the application and gather the necessary documents. The document gathering process is a difficult and time-consuming part of the process. At The Rollins Law Firm, we will give you clarity on what documents you must provide.

Prepare Your Loan Modification Paperwork

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