Loan Modifications and Foreclosure

In the continuing series in the New York Times on loan modifications and the foreclosure crisis, the reporter details the strange and disturbing links between the mortgage brokers who were involved in brokering the sub-prime mortgages which have threatened foreclosure of many New Jersey homeowners and the “loan modification” companies who now promise to negotiate better payments or avoid the loss of the same homes in foreclosure.

See the article at: http://www.nytimes.com/2009/07/20/business/20modify.html?_r=1&hp

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Facing overwhelming debt is a daunting prospect. Calls from creditors and threats of repossession or foreclosure can take a toll on families. It may seem impossible to dig out from a hole and regain financial flexibility and freedom. Thankfully, an Edison bankruptcy lawyer wants to help you. Unlike many other law firms that suggest filing for bankruptcy as the sole chance to escape from under debt, we recognize that many alternatives may be available that bring a similar outcome. Even when bankruptcy is the best option, we provide you with all of the information you need to protect your interests. Give Gillman, Bruton & Capone a call today to schedule an appointment and a free case evaluation.

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