Coronavirus Mortgage Relief in California

Spanish-Style-Homes-in-Los Angeles

As novel coronavirus has spread across the globe, COVID-19 has affected every aspect of life. The U.S. Department of Labor reported nearly 3.3 million people filed for unemployment in the week ending March 21, the highest ever recorded.1 In California, 1 million people filed for unemployment in two weeks.2 The virus is not only overwhelming […]

What Not to Do When Filing for Bankruptcy

File-For-Bankruptcy-form-on-clipboard-calculator-spreadsheet-white

Filing for bankruptcy can be a positive experience that helps regain your financial footing. However, there are certain steps that can hurt your bankruptcy case, even if they’re in good intention or accidental. Here is what you should avoid before filing: Don’t Lie About Your Assets Always be completely honest about your assets. Your case […]

Litigation Strategies in Foreclosure Cases

foreclosure-litigation-attorneys-meeting

Once a property is in foreclosure, a homeowner’s options range from filing for bankruptcy to applying for a loan modification. There are also options when it comes to litigation. The foreclosure process is confusing and complicated to most people already facing financial hardship. Even if you apply for a loan modification, the bank may still […]

Will Filing For Bankruptcy Stop My Foreclosure?

Trial-Bankruptcy-Foreclosure

Facing foreclosure can be one of the more troubling life events of adulthood, but it can happen to even the most financially savvy homeowners. ATTOM Data Solutions released its 2018 Foreclosure Market Report that shows bank repossessions, defaults and foreclosure filings are down 78% since the peak of the crash in 2010. Even though U.S. […]

Tips for Getting a Loan Modification

man-getting-a-loan-modification

Paying the monthly mortgage bill can become difficult, depending on whatever financial situation arises. Lenders often provide the option to refinance a mortgage loan. Another option is loan modification. Rather than starting over with a new loan, this adjusts the original loan terms. Your lender can, therefore, help make the loan less of a burden. […]