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Do banks in New York like to do loan modifications?

You might wonder whether a bank is interested in doing a loan modification. The answer is - they’re ecstatic about it! They want to have the properties that are not paying them money to start paying them money once again. And when people can’t pay them money the only way they can do it is to pay less per month, then the bank is willing to reach an agreement called a modification agreement so that that will take place, yes. I’m Carl Person, a New York lawyer and a fighter to keep people in their homes.

tags: loan modification bank stance mortgage foreclosure defense debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Brooklyn Bronx Staten Island Manhattan Queens New York Carl E. Person Carl-Person-Foreclosure-Defense

attorney: Carl E. Person