Facing Foreclosure? Arizona Loan Modification Attorney Service!

Arizona Homeowners, are you facing foreclosure or feeling that a real estate foreclosure might be around the corner? Have you receivied a notice of default? Have you considered filing chapter 7 or chapter 13 bankruptcy but just aren't sure which way to go or whether you or not you qualify?
Have you thought about giving up and just handing over the deed to your house (deed in lieu of foreclosure)?

When you are not sure where to turn next, call us. Let's take a look at you home and your property to see what options might work for you.

LETS TAKE A QUICK LOOK AT JUST A FEW OPTIONS THAT MAY BE AVAILABLE FOR AN ARIZONA HOMEOWNER FACING FORECLOSURE OR A NOTICE OF DEFAULT:

(1) Have an Arizona loan modification attorney work with your lender(s) to try to modify your home loan.

What is a loan modification? A loan modification or loan workout as it is sometimes called involves having us contact your lenders to make a business case to them as to why they should modify your loan.

Common reasons a lender may agree to modify your loan:

(a) You are "upside down" in your property and the bank really does not want to foreclose and take the property back. For example, if your property is worth 350k and you owe 475k on a first mortgage, the bank may be swayed to lower your rate or potentially reduce your loan principle to get you a loan payment you can live with.

(b) The bank recognizes that you face a unique hardship and basic fairness dictates that they work with you. For example, say a family member has an accident and they are uninsured. You flip the bill to help them and this impacts your ability to pay your loan. You fall several months behind and have a hard time catching up. As the bills continue to mount, you are unable to pay your mortgage at all. In this circumstance you might want to have a arizona loan modification lawyer contact the lender on your behalf and seek a loan modification to either defer payments, seek a forebearance or just lower your interest rate so that you can afford your loan payments.

(c) The Lender has too much bad debt on the books and the last thing they want to do is to pay legal fees to foreclose on a property in a down market.

(2) Have an Arizona loan modification lawyer demand your loan file and perform a forensic loan analysis on the file. If the lender will not voluntarily modify your mortgage we have another idea. When we represent you in a loan modification setting, we will normally demand a copy of your loan file by sending the lender a "qualified written request" which demands that the lender send us a copy of your loan file within 20 days. If they do not respond they have violated RESPA from the outset.

Upon obtaining the file, we have a forensic mortgage loan analysis performed that reviews your loan file to see if the lender made any critical errors in making or arranging the loan you originally signed up for.

Common legal violations we look for are:

(a) Truth in Lending Violations (Reg Z and Reg B)

(b) HOEPA Violations

(c) RESPA Violations

(d) Predatory Lending Violations

and more.

We also make them prove the debt is valid by producing the promissory note.

If our mortage audit reveals any serious legal errors or loan compliance violations, we will be in a better position to really negotiate with the lender as we will let them know about our ability to file a lawsuit to address the legal errors detected.

(3) If the Lender will not play fair after items A and B above are performed, and assuming legal grounds to file a lawsuit exist, we can file a lawsuit seeking damages and attorney fees against the lender.

(4) As an alternative to filing a lawsuit, if you qualify to file for Chapter 7 or Chapter 13 bankruptcy we can explore that option as well.

If we pursue bankruptcy a separate fee applies.

OUR FEES FOR PERFORMING A LOAN MODIFICATION

Our up front fees for perfoming loan modification depends on the amount of your loan:

Loan amount up to $200,000 is $1,995
$201,001-$500,000 loan balance is $2,995
$501,000 and $750,000 loan balance is $3,995
$751,000 - $999,999 million loan balance is $4,995
$1 million and above is $5,995

WE ACCEPT CREDIT CARDS

WHAT YOU GET FOR THIS FEE:

-We demand your loan file under RESPA

-We Demand that the lender prove the debt by producing the promissory note

-We create a financial profile of your debts and income and prepare a Loan Modification Proposal

-We negotiate on your behalf for a voluntary loan modification

-If a voluntary loan modification is not possible we perform a foresnic loan audit / loan analysis

-If we find legal violations we use this to leverage a loan modification

-If we are successful at this point negotiating a loan modification on your behalf we will also help you finalize the signing of loan modification documents or agreeements
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IN THE EVENT A VOLUNTARY LOAN MODIFICATION IS NOT POSSIBLE OR THE LENDER IS NOT AGREEABLE, AND IF GROUNDS EXIST TO FILE A STATE OR FEDERAL LAWSUIT, WE CAN DISCUSS WITH YOU THE POTENTIAL OF TAKING YOUR CASE ON CONTINGENCY OR A REDUCED FEE /CONTINGENCY BASIS AS WE MAY SEEK TO SUE FOR RECISSION, MONEY DAMAGES AND ATTORNEY FEES.

LITIGATION FEES ARE DETERMINED ON A CASE BY CASE BASIS

AS DISCUSSED ABOVE, IF CHAPTER 7 OR CHAPTER 13 BANKRUPTCY IS DEEMED THE BEST OPTION A SEPARATE FEE WILL APPLY FOR THIS SERVICE.

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Law Office of Steven C. Vondran

Extreme Service - Excellent Results

http://www.vondranlaw.com/

For more information about our Arizona loan modification, bankruptcy and debt modification service contact us at:

(877) 276-5084


Arizona Clients

Address: 8111 N. 13th Way, Phoenix, Arizona 85020
Phone: (877) 276-5084
Fax: (602) 358-8013
Email: steve@vondranlaw.com

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Note: Loan modification work is primarily driven by phone, fax and email with you and the lenders. As a consequence we are able to serve Arizona loan modification clients in the following Arizona cities:

Tucson, Mesa, Glendale, Chandler, Scottsdale, Gilbert, Tempe, Peoria, Yuma, Surprise, Avondale, Flagstaff, Lake Havasu City, Goodyear, Sierra Vista, Prescott, Oro Valley, Bullhead City, Apache Junction, Prescott Valley, Casa Grande, El Mirage, Marana, Kingman, Buckeye Fountain Hills, San Luis, Nogales, Florence, Douglas, Queen Creek, Maricopa, Payson, Sahuarita, Paradise Valley, Chino Valley, Eloy, Sedona, Cottonwood, Camp Verde, Show Low, Winslow, Somerton, Safford, Coolidge, Globe, Page, Bisbee, Tolleson, Youngtown,Wickenburg, South Tucson, Guadalupe, Holbrook, Snowflake, Cave Creek, Benson, Thatcher, Litchfield Park, Eagar Pinetop-Lakeside, Taylor, Colorado City, Dewey-Humboldt, Willcox, St. Johns, Carefree Clarkdale, Quartzsite, Parker, Superior, Williams, Clifton, KearPima, Springerville, Star Valley Gila Bend, Wellton, Miami, Huachuca City, Mammoth, Tombstone, Fredonia, Patagoni, Hayden, Dunca, Winkelman, Jerome.

This is an advertisement and communication pursuant to State Bar Rules