I had heard loan mods are hard to accomplish but with OakTree I had great success. No problems with hard to fill out forms or language that takes an enterperter to understand. OakTree walk with me from beginning to end. Any questions I had were simply explained and every phone call was answered by a live person on he other end. I hate ” leave a message and we will get back to you” and it never happened with OakTree. My bank seemed to drag there feet at a loan modification and it was OakTree that remained patient and persistent. They continued to call the bank on a daily bases and were relentless until my modification was complete. The bank had turned my case over to at least three different employees and each had to start the review from the beginning to find out where the process was. OakTree stayed on top of them and where I would have given up, they pushed forward and finalized the modification. I truly believe I could not have achieved a loan modification on my own and needed them in order to get it done. I sound like a commercial but in fact, I found them from a friends recommendation and have no ties with their company. Simply stated I could not be happier. They saved me from losing my house in a bad economy and I owe them this review out of respect for what they do.
We Are Still Open
We remain fully functioning during this time and will continue work on all existing cases. The court system is still allowing us to file cases. We are still accepting new consultations over the phone.
However, our office locations will be closed to the public. Key staff will remain in the office to handle all necessary case work.
All of our current phone numbers are currently working. Please do not hesitate to call if you have any questions. We are all available as normal. Our main line is (800) 535-1627.
If anyone is looking for a law firm to help them, Oaktree Law is who you will want to go to. I went to them with a sale date and the bank was telling me I had to pay them 55,000.00 dollars to save my home or do a chapter 13 bankruptcy. I sat down with OakTree law and not only were they able to prequalify me over the phone before I paid them but they also modified my loan and kept me from having to lose it. The modification I received from my bank was still too high and OakTree Law was able to re-qualify me for the government modification. My bank had denied me from that modification due to my arrearage being so high. If anyone is facing problems with their home I definitely recommend you give them a call. Thank you OakTree Law.
— Jaime O., Lakewood
I can't believe what happened to me today! I feel like I have won the lottery, actually I have. I won the mortgage lottery and I owe it all to "OakTree Law". I have been working on a mortgage modification for my home since 2007. I have spoken to every company out there and have paid several companies to modify my loan and have had absolutely no results until now. And what great results I have received from OakTree Law and their staff. My story started in January 2007 and was told by a firm "don't worry you will get your modification done in no time and will save a fortune". By July I found out on my own that my house was going to foreclose in 2 days and I needed $27,000.00 in order to save it. Fortunately, I was able to scramble and get the money together from family and friends and was able to save the house. I cried all night and prayed all night that I could get all the money together and be able to drive it to San Diego by 4 pm and save the house. I did not know how I would tell my children that we lost out home. I thought I would be the biggest failure as a parent if this would happen. Mu original loan was for about $618,000.00n with a $5000.00 payment at n7.3% interest. My new payment went up to n$7,500.00 with the same interest rate to pay back the monies I was behind. I could only make this payment for a few months and I continued to struggle. I then sought out other loan modification companies and they took my money and always came back with the same answer....:Your loan is held by a group of investors and they do not want to modify your loan". In the fall of 2011n I heard an accountant advertise his firm and said that he had all the key people from various lending institutions working for him and he had a 95% success rate. So I called him up, made an appointment and he told me I was a lost cause. Mind you this whole time I was always just 1 payment away from foreclosure. Then it happened, my loan was sold to OCWEN and because I was behind in my payments close to $100,000.00 they told me I was only able to make a payment if I paid the past due in full. It was all or nothing! I then started to panic. I couldn't come up with that kind of money in this kind of an economy. That's when I remembered I had met Rex from OakTree Law and I called him. I went to him on December 27, 2011 and was practically in tears and begged him to help me. Rex was so kind and told me what had to be done, we did everything in one meeting and he made no promises. He just told me OakTree Law would do their best and I should relax, pray and do what was expected of me in order to have success with the modification. Rex made me feel better and fave me hope. He worked with me in every way. My with late fees and interest is now at $698,000.00 at 7.3% and today has been reduced $300,000.00 and is at 2% interest. This means $300,000.00 of my principle just went away. Hard to believe, this is money I no longer owe. My payment was almost $5000.00 and now is $1587.00. This is crazy! When OakTree Law told me this I said please verify this, I can't believe this. They called me back and said this is correct! This is why if you need your loan modified and have tried everything you really haven't........ because you have not tried OakTree Law. This took 4 months and now I can sleep at night knowing my children will be able to grow up in the house they know as their home. THANKS "OAKTREE LAW"! You have changed my life!
— Chantal B., Claremont
Thanks OakTree Law for helping me stay in my home: I find that it is not just neat, but absolutely great when you can get the help you need at a critical time. My home was/is upside down, I was unable to pay the mortgage, and I needed help to stay in my home. How I got into this circumstance is not relevant, but I will tell you anyway. I used to own five rental properties purchased with equity from my primary home, which is now under water. And then the bottom fell from real estate investments. Rental houses were now worth less and I couldn’t rent them for enough to cover costs, and so I began to lose money – first the rental properties, and then I was about to lose the home in which I have lived 23 years. I had talked to friends and colleagues who had coordinated their own loan modification successfully, and yet I needed help right now to avoid foreclosure. I didn’t have time for trial and error… OakTree Law gave me 60 minutes of free consulting during which I saw the light at the end of the tunnel. I had talked to other companies that offered free consulting; they didn’t stand out as did OakTree Law. Two weeks later I told Marissa I wanted to work with her, she told me what documentation to assemble, and we arranged our next meeting. I will tell you than I consider myself rather well organized, which made it quite easy to meet Marissa’s documentation requirements. My second and last meeting with Marissa lasted 2 hours during which time I filled in forms, she assembled financial information before calling and establishing prerequisite arrangements with mortgage servicer, I crafted a hardship letter, and all the required documentation was faxed to mortgage servicer then and there. Three weeks later I was informed by mortgage servicer I had been accepted for trial loan modification. I have since completed trial payments and loan mod is now permanent. My monthly mortgage is reduced from $2,540 to $1,325, a reduction of more than $1,200/month. Specifics of my loan modification include a 2% interest rate; maturity is extended to 40 years, and forbearance in the amount of $110,000. Thank you, OakTree Law for your efficiency and your effectiveness. Thank you, Marissa for being so good at what you do. You knew what was needed, when it would be needed, you knew the ins and outs of the process and you went about it with a purposefulness I genuinely appreciate and admire. Marissa, you ROCK… With much appreciation, Herman Powells
— Herman P., Inglewood
Excellent service! Called into OakTree Law and had a meeting with Mark Hoffman within 24hrs. With all the bad information coming from the banks it was extremely reassuring to speak with someone who has a thorough knowledge of my position and get a professional outline of what my rights and options were.
— Jed W., Orange
OakTree Law is awesome! I was literally about to walk away from my home because I was getting nowhere with B of A and felt hopeless. Until, I heard the radio commercial and called. Long story short I kept my home and got my interest rate reduced from 7.25 to 3.875 percent. Im now stress free and opening up the next chapter in my life thanks to the assistance of OakTree Law. Marissa Pitts is a great person that assured me the whole time with great confidence that my modification would happen. And it did, but not overnight. So be patient and believe in Oaktree.
— Steve Ortiz, La Mirada
OakTree Law tells you the fees upfront are very polite, sincere and work hard for you. I went to them for a loan modification and quickly learned how fast and thorough they were. OakTree Law saved me over $51,000 dollars and a lot of worries. Thank you all so much at OakTree & Tim Conway Jr. at KFI 640AM.
— John M., Ontario
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