Killeen Home Loan Modification Lawyer

Financial problems can arise for a number of reasons, and unfortunately, these problems can make it difficult for residents of Killeen to stay current on their mortgage payments. Fortunately, falling behind on mortgage payments doesn’t mean that you’re automatically at risk for foreclosure.

Thanks to certain government home loan modification programs like the Home Affordable Modification Program (HAMP), our Killeen home loan modification lawyers at Erin B. Shank, PC, have been able to help Killeen residents successfully negotiate reduced interest rates and even secure forgiveness for some of their mortgage debt. Through negotiations, we have helped reduce clients’ mortgage interests rates to 3% in some instances, and have convinced mortgage lenders to agree to place missed payments at the end of our clients’ notes!

Far too many attorneys convince their clients that the only way to protect their home from being foreclosed upon is to file for Chapter 13 wage garnishment bankruptcy. At Erin B. Shank, PC, we strongly disagree with this strategy and instead, we help clients pursue modifications of their home loans. In some cases, we will pursue a home loan modification while also filing for Chapter 7 bankruptcy, allowing our clients to keep their homes, receive a discharge of most of their unsecured debts, and reduce the amount of their home mortgage payments.

Applying for home loan modification without the assistance of an experienced attorney is extremely complicated and difficult, and in our experience, most people who attempt to do so are unsuccessful. However, by partnering with an experienced Killeen home loan modification lawyer who understands bankruptcy laws, Texas foreclosure laws, and HAMP regulations, your chances of a successful home loan modification increase substantially. Our team at Erin B. Shank, PC, is ready to evaluate all of your existing debt and help you formulate a plan to address your overall financial well-being and set you up for future financial success.

Contact a Home Loan Modification Attorney in Killeen

If you have fallen behind on your mortgage payments and are in danger of having your home foreclosed upon, know that help is available. Chapter 13 bankruptcy should only be considered as a last resort, and our dedicated team at Erin B. Shank, PC, is ready to help you explore the full range of options available to you in this situation. Call us today at (254) 296-1161 and find out what our dedicated and caring team is ready to do for you!