In our experience in representing clients facing New Jersey Foreclosure proceedings against their homes and property over the last 30 years, it has been necessary to adjust to the changing times and conditions.   Since the mortgage and housing crisis began in late 2007 and early 2008, one option for homeowners that has offered a solution to foreclosure has been Loan Modifications.

Loan Modifications are agreements with a mortgage company to restructure a mortgage which is either delinquent or facing a future delinquency due to changes in financial circumstances.   Gillman, Bruton & Capone, LLC have represented clients in negotiations for Loan Modifications since 2008.  Many of our clients have been frustrated in attempting to negotiate with their mortgage companies or have had unfortunate experiences with “loan modification companies” who have offered many promises and few results or explanations.   In our experience, especially for those facing foreclosure, it is important for a homeowner to consult with a New Jersey Foreclosure Attorney who has experience in all foreclosure options, including loan modifications.