subject: Residential Law Services: Incorporate Wide Range Of Legal Services To Ensure You To Get Justice Done [print this page] Residential Law Services provide range of services such as Mortgage litigation, Loan Modification, Debt settlement, Bankruptcy, Forensic Loan Audit, and many more. Each practitioner is well qualified and has years of experience to deal with the area of his/her specialization.
The utility and value of these legal services are increasing; detailed information about these services is as given below:
Mortgage litigation: Whenever you borrow money or finance a vehicle/ home, it is your right to keep possession of your property, even when you are not giving mortgage payments for a specified period of time. However, the law made under the Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA) is more often violated by lenders and mortgage companies. Most of the time, they ignore the law and force you for the foreclosure process. To protect your property in such a situation, there are attorneys who deal with TILA and RESPA to help you stop the foreclosure procedure.
Loan Modification: It is a sort of good solution for you. If the situation arises that you are unable to pay the mortgage money due to loss of job, reduction in salary, or any such kind of genuine problem, you have the right to get the facility of Loan Modification. Under this provision, not only you can hold your property but also you will get the reduction in your current mortgage payment.
Debt Settlement: If you are bankrupted and not able to pay the loan amount then residential law service provider will settle your problem by making negotiation between you and your money lenders or banks. Under debt settlement, your debt will be reduced and hence you will have to pay less than the actual amount.
Forensic Loan Audit: This is one of the important legal provisions that protect your home when you are unable to pay the mortgage money. Under this law, the concerning attorney will thoroughly check all documents and assist you in providing best possible relief to you.
So, it is advised to avail the residential law service of the experienced and leading advocates to get all information. These legal services are indispensable for ensuring your legal rights.
by: jacksmith
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