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What is a loan modification?

Well, a loan modification is just that. It's a modification of the terms of the existing loan. The borrower stays in the same loan, but the terms are changed. Typically, we're dealing with an interest rate reduction where the interest rate is lowered to bring the payment down. Another way the loan can be modified is by extending the terms, so a thirty year loan can be made into a forty year loan to bring the payment down a little bit more that way as well. Another common thing that we're starting to see is principal reductions, where the actual amount that the borrower owes is lowered by sometimes tens of thousands of dollars, sometimes a hundred thousand dollars to get the price of the monthly payment down to a point where the borrower can actually afford the payment. My name is Damien Nassiri, I'm a partner in the Law Firm Howard and Nassiri. We're based in Southern California and we help people save their homes. If you've been the victim of a predatory loan or you're facing foreclosure, give us a call.

tags: loan modification definition mortgage debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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What is a loan modification?

In New York, as in other states, a loan modification is where the bank and the borrower reach an agreement, which generally reduces the monthly payment that the borrower has to make. In some cases, they throw that unpaid amount at the far end, so that the length of the mortgage is more it's greater length in order to pay back the money that isn't being paid today, but all that is subject to negotiation. I'm Carl Person, and a New York lawyer and a fighter to keep people in their homes!

tags: loan modification definition 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

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Loan modification company or a loan modification attorney?

Loan modification companies a lot of times are the same mortgage brokers who put the bars, was in the bad loans in the first place. They're no longer writing mortgages so they flip over and become loan modification companies. And I've had lot of clients come to me and tell me Dave paid thousand of dollars to some loan modification company that didn't do anything to them. So that's the key difference is that, that even if they do something for you, all the modification company is ask for a new loan as long as a lawyer can demand it. If you can't get it, we'll go to court. My name is Damian Nasirri. I'm a partner in a law firm Howard Nassiri, we're based in Southern California and we help people save their homes. If you've been a victim of a predatory loan or you're facing foreclosure, give us a call.

tags: loan modification who can help? mortgage debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Can I negotiate a loan modification myself?

Anyone can negotiate a loan modification. The problem is, is that these lenders are so bombarded -- and they are still a little bit reluctant to give the loan modification -- that a lot of times the borrower can the runaround. And the borrower will submit a loan modification application, and the lender never calls them back. Or if they do the lender gives them bad news because their house is worth less than what they owe. And so they give - they tell them they can't get the loan modification. What a lawyer can do is step in and enforce that right. A lawyer can file a lawsuit under the new California loan modification law and have the judge order the loan modification. My name is Damien (sp?) Nassiri. I am a partner in the lawfirm Howard Nassiri. We are based in southern California, and we help people save their homes. If you have been the victim of a predatory loan or you are facing foreclosure, give us a call.

tags: loan modification self-serve mortgage debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Who's eligible for a loan modification in California?

The new California loan application law was passed September 8, 2008 and it covers all mortgages,uh, origninating from January 1, 2003 through December 30, 2007. Uh, Any loan, it could be a purchase or a refinance the borrower just has to be in default or default is reasonable foreseeable and what that means if their payment is about to go up due to an adjustment in a their interest rate that's someone who's default is reasonable foreseeable and the borrower has to be living in the home.If they meet those criteria then the new California loan law covers their situation and they are entitled to a loan modification. My name is Damian Nassiri and I'm a partner in a California law firm Howard Nassiri. We're based in Southern California and we help people save their homes. If you've been the victim of a preditory loan or you're facing forclosure give us a call.

tags: loan modification eligibility mortgage debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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How can a loan modification lawyer help me?

A loan modification lawyer can help a client get the best loan modification possible because only a lawyer can enforce that right to a loan modification under the new California civil code section the California loan modification law. If the borrower or loan modification company asks the lender to give them the new loan that's all they can do is ask for the loan.The loan modification lawyer can ask for the loan and if the loan modification is not given the loan modification lawyer can then file a lawsuit in the court and enforce the right that the borrower has the right to a loan modification. My name is Damien Nassiri and I'm a partner in Howard Nassiri. We're based in Southern California we help people save their homes if you've been the victim of a predatory loan you're facing foreclosure give us a call.

tags: loan modification lawyer benefit mortgage debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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How does a loan modification work?

Loan modification works when you have the borrower and the back agreeing to making a change in the mortgage payments. The facts that are being considered are: Does the borrower have the capacity to pay at the reduced rate? Is the value of the property less so that it's no longer fair to hold the borrower to the higher value because for some reason the borrower may no longer be liable for any deficiency? Various factors need to be brought into play - they negotiate it out; reach a loan modification agreement and that way the homeowner stays in the property and usually pays a reduced monthly rate. I'm Carl Person; I'm a New York lawyer, and my job is to help people stay in their homes.

tags: loan modification process 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

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Should I negotiate a loan modification myself?

A person that wants a loan modification can do it himself and runs the risk that the bank can ask questions which the borrower might not be able or want to answer at that point. But, if the borrower hires somebody to do this negotiation for him then there's a certain step away which makes it possible that the agreement can be reached more readily. On the other hand if you just defend the lawsuit the attorney that you hire will be the one to, to negotiate the modification for you. I'm Carl Pierson, I'm a New York lawyer and my job is to help people

tags: loan modification negotiation 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

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How can a loan modification help me?

In New York a loan modification could work like this: Let’s say that we have a homeowner that’s paying $4,000 a month, after having paid $2,500 a month for two years. Suddenly the, the monthly payment goes up to $4,000 because of the kicking in of the variable rate. At the same time, this borrower has had a reduction in income, so he can’t pay the $4,000. You then talk with the bank, either directly or through an agent, and see if you can’t reach a modification agreement that will prolong the, the payment period and reduce the present monthly payment. This can be done, and the bank wants people to call when they’re in trouble and see if there can be an arrangement like that. I’m Carl Person, a New York lawyer, and a fighter to keep people in their homes.

tags: loan modification benefits 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

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Who best qualifies for a loan modification?

The person who best qualifies for a loan modification agreement in New York is somebody that is asking for a very slight change and who is capable of paying everything that they promise in the new agreement to pay. But that is not what people want who are facing a huge increase in the monthly payment. They want a huge decrease in the monthly payment. Somewhere between a small amount and a huge amount of decrease is where the negotiations lie. The bank may only be willing to reduce it by $750 a month and the borrower may want a $1,500 reduction per month, so if they can't reach an agreement then court will be the one, once the bank goes into court and you file an answer defending the foreclosure action, the bank is more apt to accept the more onerous agreement. I'm Carl Person. I'm a New York lawyer and my job is to help people stay in their homes.

tags: loan modification who qualifies? 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

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Will I have to go to court to do a loan modification?

A homeowner in California can attempt a loan modification on their own. But, there is nothing that the homeowner in California can do to force the lender to give them a loan modification unless they go to court and sue. That's the unfortunate reality of it is that the lenders a lot of times are not going be giving the loan modifications because they would rather try and foreclose. Someone in California who wants a loan modification, if they can't get it on their own, should go see a lawyer because a lawyer can enforce that right and sue and go to the court and ask the judge to order the loan modification. My name is Damien Nassiri, I'm a partner in the Law Firm Howard-Nassiri. We're based in Southern California, and we help people save their homes. If you've been the victim of a predatory loan or you're facing foreclosure, give us a call.

tags: loan modification court mortgage debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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How long does it take to get a loan modification?

A loan modification can take anywhere from one month to six months. Typically it involves negotiations back and forth with the lender, and every lender is different just like every loan is different. So, some lenders are a little bit more willing to work with you, others are not. But usually what we do in our firm is we propose a loan modification to the lender, it involves income analysis, expense analysis, it gives a real good snapshot to the lender of what this borrower can afford. We point out to the lender what the fair market value of the property is and that usually is going to encourage the lenders to reduce the principle and the interest rate within a three to six month time frame. My name is Damien Nassiri, I'm a partner in the law firm Howard and Nassiri, we're based in Southern California, and we help people save their homes. If you've been the victim of a predatory loan or your facing foreclosure, give us a call.

tags: loan modification how long? mortgage debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Can I get a loan modification on my second home?

You can get a loan modification in California on a second home. Ah, the new California loan modification law does not cover, ah, rental homes or second homes. But, as you go forward and as time goes by, a foreclosure is a foreclosure whether it is a second home or first home. So, if the lenders are smart, they’ll give you a loan modification. You can’t necessarily sue for that but you can certainly ask for a loan modification. And if you make them a reasonable proposal, a lot of times they'll listen. My name is Damien Nassiri. I am a partner in the law firm Howard Nassiri. We’re based in Southern California and we help people save their homes. If you've been a victim of a predatory loan or you’re facing foreclosure, give us a call.

tags: loan modification second home mortgage debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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How will the new California loan modification law help?

The new California Loan Modification will help any borrower who is in default or default is reasonably foreseeable. And if the anticipated recovery to the lender under the loan modification exceeds the recovery that the lender would get form a foreclosure, then the lender is instructed to give a loan modification. It's going to help save a lot of homes. The California Legislature has realized that this an urgency statute. In fact, those words are in the law and says that we have got to stop the foreclosures from rising. We've got to do something about the problem and do something to stay in their home and make the payment. My name is Damian Nassiri. I'm a partner in the law firm Howard & Nassiri. We're based in Southern California and we help people save their homes. If you've been the victim of a predatory loan or you're facing foreclosure, give us a call.

tags: loan modification new CA law mortgage debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Will a loan modification negotiation stop my mortgage foreclosure?

A loan modification process - that is negotiating a loan modification between the borrower and the bank - you would think would stop the foreclosure proceeding, but it generally does not. That foreclosure proceeding is racing along. And the people at the bank are not calling up the law firm every day advising them on the thousand different foreclosures of what’s going on. The law firm that was told to get a foreclosure is proceeding with a foreclosure, where as the homeowner believes that in talking with the bank and negotiating, there is no foreclosure. That is contrary to what’s happening. They’re going to lose the property. I’m Carl Peron, a New York lawyer and a fighter, to keep people in their homes.

tags: loan modification bank foreclosure 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

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How will a loan modification help me keep my house?

A loan modification can help you keep your house because it can get you back on the track of making your mortgage payment every month. It really is going to help the borrower who is in default and is several months behind on their loan, get back in the position where they can afford the monthly payment. And usually this is only a couple hundred dollars, maybe a thousand dollars. If we can get that payment down by that amount, the borrower should be able to make the payment. Most of these borrowers have gone into default because they've gotten themselves into these adjustable rate mortgages that have just adjusted a little bit too high for their monthly budget. If we bring it back in a little bit then they should be able to get back on track and stay current. My name's Damion Nassiri. I'm partner in the law firm Howard Nassiri. We're based in southern California and we help people save their homes. If you've been the victim of a predatory loan or you're facing foreclosure, call us a call.

tags: loan modification keep your house mortgage debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Can I get a loan modification on a second home in NY?

Carl Person: A person with a second home mortgage can get a modification. The bank is concerned because the person that owns the home doesn't live in it. But if the person that owns the home can demonstrate that the property is rentable and has been rented, and can support a lower rate than is now being charged; the bank will consider whether they should reach a modification agreement, and maybe they'll add more money at the far end but you can modify anything by agreement. I'm Carl Person, I'm a New York lawyer and my job is to help people stay in their homes.

tags: loan modification second home 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

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Does a bank have to modify my loan in California?

A bank will have to modify a loan now in California because of the California Loan Modification Law. If the borrower meets certain criteria, for instance the loan is orginated between 2003 and 2007 and its a loan on their primary residence, the lenders will have to give a loan modification if the borrower can afford to make a payment on the loan that will reap the lender more money than a foreclosure would. Now a lot of times you're going to have to file a law suit because the lenders aren't listening a lot of times. My name is Damien Nesery. I'm a partner in the law firm of Howard Nesery. We're based in Southern California and we help people save their homes. If you've been the victim of a predatory loan or you're facing foreclosure give us a call.

tags: loan modification bank obligation mortgage debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Are loan modifications common in California?

Loan modifications are becoming more and more common. Six months ago or a year ago, it was almost unheard of. Lenders were telling us you can't get a loan modification. But now as they are starting to finally wake up and realize how much money they're losing. They're actually becoming more willing to enter into loan modification. A lot of times they won't give you the best deal, however, unless you get an attorney involved or somebody who can actually enforce your legal right to a loan modification, and that's what we're seeing at this time. My name is Damien Nassiri, I'm a partner in the law firm Howard Nassiri. We're based in southern California and we help people save their homes. If you've been the victim of a predatory loan, or you're facing foreclosure give us a call.

tags: loan modification frequency mortgage debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Are sub-prime mortgages eligible for a loan modification?

Subprime mortgages are the ones that basically are being forclosed, and they, yes they are as eligible if not more eligible because in many cases the borrower really did qualify for a lower rate and they gave them a higher rate in order to pay a mortgage broker who looked around for the bank that would give the mortgage broker the most money and the bank then tacked it on and charged a higher rate than the bank should have. I'm Carl Person, a New York lawyer, and a fighter to keep people in their homes.

tags: sub-prime mortgage eligibility loan modification 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

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Are loan modifications common in California?

Loan modifications are becoming more and more common in this economic arena that we're dealing with today. Six months ago or a year ago it was almost impossible to get a loan modification. The banks were not giving them. But now, as time goes on, and they have more and more of these non-performing loans and foreclosures are on the rise, the lenders are becoming more wiling to deal with us in terms of loan modifications. And now with the new law in California, the California Loan Modification Law, it does mandate that these lenders give loan modifications if they are going to be of a benefit to society. And the way the legislature has determined the benefit is to try and keep these homeowners in the home if at all possible, if they can make a reasonable payment. My name is Damion Nassiri. I'm a partner in the law firm Howard Nassiri We're based in southern California and we help people save their homes. If you've been the victim of a predatory loan or you're facing foreclosure, give us a call.

tags: loan modification frequency mortgage debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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What is Howard | Nassiri's experience with loan modifications?

Our firm has helped numerous people with loan modification to help save their home, it's a simple process that we involve ourselves with getting the financial information from the client a fair market value through comps and other resources, and we are able to put packages together that the lenders can look at. It's easy for them to work with us because we put everything in there, it's concise and that really helps streamline the process to get the result that the client needs in order to keep the home. That's something that we've been doing at our firm and something that we will continue to do every day. My name is Damian Nassiri, I'm a partner in the law firm of Howard/Nassiri, we are based in Southern California, and we help people save their homes. If you've been the victim of a preditory loan or you're facing forclosure give us a call.

tags: loan modification experience mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Do banks prefer loan modifications or foreclosures?

As time goes on, banks are becoming more and more willing to do loan modifications. I would say six months or a year ago, the answer was 'no' whenever a borrower came to a, a bank for loan modification. But as the time is going by and the banks are losing more and more money on the non-performing loans and the foreclosure sales that are not uh, occurring, the banks are st-, starting to change their tune. And especially with the bailout, and the new laws that are coming around with, in California, uh, they are becoming, they're starting to wake up and smell the coffee. And realize that they need to make some money of these loans and the way to do that is to, is to get a loan modification and get the borrower on a payment that they can afford. If they need to extend the term, or if they need to lower the interest rate, something is better than nothing at this point. And so that's the way we're really starting to see banks are becoming more open to the idea of loan modificaiton. My name is Damion Nasire. I'm a partner in the law firm Howard & Nasire. We're based in Southern California, and we help people save their homes. If you've been the victim of a predatory loan or you're facing foreclosure, give us a call.

tags: loan modification bank preference mortgage debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Can my loan be restructured if it was made by a predatory lender?

A loan can be restructured if it was made by a predatory lender, and that is even true if your loan has been sold. Many times the originating lender will sell the loan, and it might get sold two or three times. But the laws that are on the books right now - the Federal Truth in Lending Act, and the California Loan Modification Law all say that no matter where the loan is now, if it qualifies, you can get a new loan, get an affordable payment, and something that can help you stay in the home and avoid foreclosure. My name's Damian Nassiri. I'm a partner in the law firm of Howard Nassiri, we're based in southern California, and we help people save their homes. If you've been the victim of a predatory loan, or you're facing foreclosure, give us a call.

tags: predatory lending loan restructure mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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How does a sub-prime loan work?

A sub-prime loan works like this. If your credit score is less than pristine, you're going to be put in a loan with a higher interest rate, and that higher interest rate is because of the risk that the lender is taking and taking someone who has less than pristine credit and putting them and insuring them or giving them this mortgage rather. But what we've seen a lot of here in California is the homeowner that has a good credit score put in these sub-prime mortgages and loans, and that is because lenders make money when they put people in a sub-prime product. I'm Vincent Howard, Senior and Managing Partner of Howard Nassiri. We work hard everyday representing the consumer from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: predatory lending sub prime loan mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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How do loan kickers contribute to mortgage foreclosures?

Loan kickers contribute to mortgage foreclosures because the bank sets up a loan in such a way that a foreclosure is generally expected, and therefore, we ought to take away those things in a mortgage that contribute to the foreclosures. And the kickers I have described, uh, is what should be taken away. They shouldn’t be allowed to build in, uh, the, the expectation of foreclosure. I’m Carl Person, a New York lawyer, and a fighter to keep people in their homes.

tags: mortgage kicker problems loan modification 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

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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

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Has the economic climate forced the banks to give more loan modifications?

The economic climate is forcing more banks to do loan modifications because they have more and more foreclosures on their books, and it’s not a good thing. It’s really what’s driven the market to be where it is right now, that’s required this bailout by our government, iIs because you have so many non performing loans. And the truth of the matter is that many of these borrowers were able to make their payments in the past, but were unable to keep up with their payments when the interest rates adjusted through the roof. So if we just bring those interest rates back down, it’s going to solve a lot of the problems. If we extend the term of the loan from thirty to fourty years, and maybe drop the principal down a little bit, many – if not all – of these borrowers will be able to make the monthly payments on their loans. My name’s Damion Nassiri. I’m a partner in the law firm Howard Nassiri. We’re based in Southern California and we help people save their homes. If you’ve been the victim of a predatory loan, or you’re facing foreclosure, give us a call.

tags: loan modification economic climate mortgage debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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How does the new California law help me stay in my home?

The nice thing about the new California Loan Modification Law is that it allows any borrower to get a loan modification. You don't have to be the victim of a predatory loan. You just have to meet the basic criteria of someone who had a loan that closed between 03 2003 and 2007. If you have been the victim of a predatory loan, however, that will help your case because when we go before the judge and we ask the judge to enforce the California Loan Modification Law, the judge will most likely have more sympathy for somebody who has also been the victim of a predatory loan and should be more willing to order the lender to give you a loan modification. My name's Damian Nassiri. I'm a partner in the Law Firm Howard Nassiri. We're based in southern California and we help people save their homes. If you've been the victim of a predatory loan or you're facing foreclosure, give us a call.

tags: loan modification new CA law mortgage debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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What happens to my mortgage if my bank went bankrupt?

If your bank went bankrupt, then chances are, it's a matter of time before your loan will get sold to another lender. So you do need to still keep making your mortgage payment if at all possible. However, if you are in a hard way, and you're not able to make that mortgage payment, you will need to try and get a loan modification from the next lender who buys your loan. And the new California loan modification law applies to loan servicers, so it doesn't matter who originated the loan, whoever is currently holding the loan and servicing the loan will be charged with the responsibility of providing you with the loan modification if you qualify. My name is Damien Nassiri. I'm a pattern in the law firm Howard and Nassiri. We're based in southern California, and we help people save their homes. If you've been the victim of a predatory loan, or you're facing foreclosure, give us a call.

tags: loan modification bank bankruptcy mortgage debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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How do I keep my house if I've been the victim of predatory lending?

If you've been the victim of a predatory loan you do have an opportunity to keep your house. If you've been a victim of predatory loan there are a number of different remedies that are available to you. One of them is recision, which is a cancellation of the contract, putting you back in the same position that you were in before you ever got the loan. Another solution would be loan modification, which is a reworking of the loan and basically bringing down the interest rate and the principle balance that you owe, extending the term of the loan, and that will give you an affordable payment that you can keep in your house. Even if you've been late and you've been in default for months, you can still potentially save your home if you've been the victim. My name is Damien Nassiri, I'm a partner in the law firm Howard and Nassiri, we're based in Southern California and we help people save their homes. If you've been the victim of a predatory loan or you're facing foreclosure, give us a call.

tags: predatory lending keeping my house mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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How can a predatory lending attorney help?

A Predatory Lending Attorney can help you because a Predatory Lending attorney can enforce your right to get a new loan. The attorney can negotiate with the lender. A lot of times the lenders are not gonna listen. They are going hope that you go away. But if you have an attorney you can file a lawsuit and once that lender gets served with the lawsuit then they cant run anymore. They gotta step up to the table and its your loan. If you qualify under specially this new California loan modification law then you could be entitled to get a new loan from the lender. My name is Damien Nassiri. I am a partner in a law firm called Howard Nassiri. We are based in Southern California and we help people save their homes. If you have been a victim of Predatory loan or you are facing foreclosure, give us a call.

tags: predatory lending attorney role mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Do California lenders have to modify my loans?

California lenders and any lender nationwide, if it involves a borrower who lives in California, the new civil code section 2923.5 and .6 says that the lender has to get a loan modification, keep the borrower in the home if the loan modification will make the lender more money than the foreclosure. The point of that statute is to stop these foreclosures from happening. The California Legislature has realized that foreclosures are a tremendous problem. It's impacting the economy and so the California Legislature passed this law as an emergency statute to help homeowners stay in the home and to stem the losses that are resulting from these foreclosures. My name is Damian Nassiri. I'm a partner in the law firm Howard/Nassiri. We're based in Southern California, and we help people save their homes. If you've been the victim of a predatory loan or you're facing foreclosure, give us a call.

tags: loan modification lender obligation mortgage debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Will I have to go to court for my predatory lending case?

You may not have to go to court to get your predatory lending case resolved. A few go see a good attorney. A good attorney will be able to negotiate with the lender and hopefully get your loan modified or get your loan restructured, sooner rather than later. However, that same attorney will be ready to go and filed the lawsuit if the case calls for it. A lot of times, lenders will not respond to the attorney's request for a loan modification and in that case there's no choice but to file a lawsuit to get what you deserve under the law. My name is Daiman Nassiri. I'm a partner in the law firm Howard/Nassiri, we're based in Southern California and we help people save their homes. If you've been the victim of a predatory loan or you're facing foreclosure, give us a call.

tags: predatory lending court appearance mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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How do I fight back against predatory lending?

First step you should take if you feel that you have been a victim of the predatory loan in California is that you should contact an attorney, a good attorney who is experienced in truth and lending matters, predatory lending matters will be able to give you free consultation, sit down talk with you and figure out if there is something that we can do. A lot of times there is something that can be done and most borrowers I have talked to did not even know that these laws existed. They had no idea that they could have a legal right to a loan modification under the new California Loan Modification Law. So, first step I would think would be getting a free consultation from an attorney who will be able to advise you of your rights and be able to help you out if you have been the victim. My name is Damie Nassiri. I am a partner in the law firm Howard-Nassiri. We are based in southern California and we help people save their homes. If you have been the victim of a predatory loan or you are facing foreclosure, give us a call.

tags: predatory lending fighting back mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Can a predatory lending lawsuit prevent foreciosure?

It's possible to stop a foreclosure sale with a predatory lending lawsuit. It will be up to the judge's discretion. The judge will have discretion to stop a foreclosure sale if the judge believes that this case has merit, and that the borrower deserves a loan modification that they can afford. A lot of times, before we file a lawsuit we are able to negotiate with the lender, and the lender chooses to stop the foreclosure sale because they understand that an attorney is involved and that an attorney is trying to negotiate a loan modification that will result in a favorable outcome to the lender because the lender will now have a performing loan with a homeowner who's making a payment, which is better than no payment. My name is Damien Nassiri. I'm a partner in the law firm, Howard Nassiri. We're based in Southern California, and we help people save their homes. If you've been the victim of a predatory loan or you're facing foreclosure, give us a call.

tags: predatory lending foreclosure mortgage lawsuit debt relief loan modification bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Are loans modifications common in New York?

In New York, a loan modification is the desire of both sides when you have a forclosure. If you have a forclosure action both sides would really like to see modification if the modification is acceptable, and that will make the property pay for itself once again where the bank will get a monthly payment and the borrower will remain in possession. That's the desire that's the hope for all of these procedings. I'm Carl Person, a New York lawyer, and a fighter to keep people in their homes.

tags: loan modification common in NY? 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

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Are there laws against predatory lending in California?

There are laws against predatory lending in California. On the federal level, there are laws like the Truth and Lending Act, which forces lender to make certain disclosures of the material terms of the loan. And then on the California State level, there are a number of laws, uh, for example, the new law that just went into affect at the beginning of September of this year, uh, which is called the California Loan Modification Law, which really sets forth a certain set of parameters that lenders have to abide by and give loan modifications to certain people who qualify for those. I’m Vincent Howard, senior and managing partner of Howard and Nassiri. We work hard everyday representing the consumer, from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: predatory lending laws against mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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How will the economic bailout help me keep my home?

The way that the bailout is currently structured right now is that it helps Wallstreet but doesn't really help main street.Yeah, there's really nothing in the current bailout will neatly help a homeowner whose facing foreclosure. There are guidelines within the bailout that the lender should try to give a loan modification but there's nothing that mandates it. So the bailout as it is planned right now will only have a trickle-down effect to borrowers. It will not help them in a mediate way. So if you're facing forclosure, I would suggest an attorney in pursuing your legal right. My name is Danim Nassiri. If you've been a victim of a predatory loan or facing forclosure, give us a call.

tags: loan modification economic bailout mortgage debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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What is Howard | Nassiri's experience fighting predatory lenders?

Our firm has helped a number of clients in southern California, Orange County, Riverside County, San Bernadino County. We've helped numerous people save their homes and obtain a loan modification to get a payment that they can afford and so that they can remain in their home. Not one of our clients has been evicted from the home. We've saved people from foreclosure. Can't guarantee that we can do it in every instance but we, so far, have been blessed in that we've been able to help a lot of people keep their homes and we look forward to doing that in the future, too. My name's Damian Nassiri. I'm a partner in the law firm Howard Nassiri. We're based in southern California and we help people save their homes. If you've been the victim of a predatory loan or you're facing foreclosure, give us a call.

tags: predatory lending experience mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Can I modify my investment property mortage in NY?

If a person owns investment property in New York and it's subject to a mortgage, the same principles of loan modification apply that if the bank and the owner agree to a change in the terms, which usually means a reduction in the monthly rate of payment. Yes, you can have a modification. It always requires the agreement unless you're in bankruptcy court, and then the bankruptcy judge can do certain things, but outside a bankruptcy, you need an agreement of the two parties. I'm Carl Person, a New York lawyer and a fighter to keep people in their homes.

tags: loan modification investment home 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

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What can I do if I've been a victim of predatory lending?

If you feel that you've been the victim of a predatory loan, my advice would be to go seen an attorney. An attorney will be able to give you a free consultation and will be able to analyze your loan documents, perform a forensic document review of your loan documents to ferret out the problems, to goo through the fine details of the loan and hone in on those predatory lending violations that the average consumer is unaware of. My name's Damien Nasiri. I'm a partner in the law firm Howard Nasiri. We're based in southern California, and we help people save their homes. If you've been the victim of a predatory loan or you're facing foreclosure, give us a call.

tags: predatory lending what to do? mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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What's it like to help someone stay in their home?

Feels great to help someone modify their loan because it means they are going to be able to keep the loan. It also has a bigger impact on the economy. If we can get all of these non-preforming loans to preform through loan modifications, I really, truly believe that would be as much of a help, if not more of a help, than the current bail out. Because that is the problem right now in California and across the nation, as we have all these people that are in default because they simply can't afford to pay the mortgage after it increases. After the interest rate goes up and they are good people, they are hard working people and they want to make a loan payment. It's just that the predatory loan has made it as such that they can no longer make that increased payment. My name is Damian Nassiri, I'm a partner in the law firm Howard/Nassiri, we're based in Southern California. And we help people save their homes. If you've been the victim of a predatory loan, or you're facing foreclosure, give us a call.

tags: loan modification why we help mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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What is the California Foreclosure Consultants Act?

The California Foreclosure Consultants Act is a law in California that prevents people from approaching you while you're in foreclosure and asking you for money up front to perform a service for you to help you get out of foreclosure. It's illegal for somebody, such as a mortgage broker, someone other than an attorney to come to you and say, "Give me money now for something I'm going to do for you later". You actually have to perform the service and then get paid for it afterwards because the Legislature has realized that people, when they're in foreclosure, are in a vulnerable situation and they'll do anything to try and save their home. So, it's really a law to protect consumers. Attorneys are exempt from that model because we are licensed by the state and we're held to a higher standard. So, we are able to actually go to somebody and sign them up under a retainer agreement to perform a loan modification. It's okay for us to do that. But, the Legislature has prevented others from doing that. My name is Damian Nassiri. I'm a partner in the Law Firm Howard and Nassiri. We're based in Southern California and we help people save their homes. I've you've been the victim of a predatory loan or you're facing foreclosure, give us a call.

tags: predatory lending foreclosure act mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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What's a common trick a bank uses against struggling home owners?

A trick that many banks use to steal money from a homeowner, especially when he’s in default and he’s no longer paying the mortgage, he’s three months behind, they say, “Look if you want to modify the loan you have to bring your loan up so that you’re no longer in arrears.” So the homeowner then makes payment of ten, twelve thousand dollars and brings it up. Calls the bank, gets another person and says, “Well let’s have a modification agreement. I’m now up to date.” And the bank says, “I’m sorry. We don’t have modification agreements unless you’re in default.” I’m Carl Person. I’m a New York lawyer and my job is to help people stay in their homes.

tags: mortgage foreclosure bank trick loan modification 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

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Am I a victim of predatory lending?

A lot of times borrowers have a gut feeling that they have been taken advantage of, but they just can't put it into words and just don't know exactly what happened to them. The - once they go and they talk to an attorney, an attorney can analyze their loan documents and review the finance charges and things of that nature to see if there were any hidden broker fees or whether the terms of the loan were accurately disclosed to the borrower. You know, those loan documents are a stack so think that nobody has time to read them. And they'll - the attorney can do that for you, go through and let you know if you have a case. My name is Damien (sp?) Nassiri. I am a partner in the law firm Howard Nasssiri. We are based in southern California, and we help people save their homes. If you have been the victim of a predatory loan or you are facing foreclosure, give us a call.

tags: predatory lending economic bailout mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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I just lost my job! How can I keep my home?

If a person who has just lost his job wants to save his home, there is two things to do. Number one, tell the bank that you can't pay the mortgage the way it is and ask for a modification agreement. The bank sometimes will agree and other times not. If the bank refuses to agree to a modification, then stop paying the mortgage. Precipitate a lawsuit. Defend the lawsuit, and then you will have a better chance of reaching the modification that you want. I'm Carl Person. I'm New York lawyer, and my job is to help people stay in their homes.

tags: loan modification job loss 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

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Can I stop paying my mortgage in New York?

Can a person in New York stop paying his mortgage? And the answer is 'yes'. Its very easy, if you can't afford it you have to stop paying and then you invite a mortgage foreclosure action and then you assert your defenses against it and then the bank will have to reach a modification agreement with you if you're able to live within the terms of the modification. For example, you could cut a $4,000 payment down to maybe $3,200. If you can make the $3,200 payment, the bank may be willing to reach the modification agreement to end the lawsuit. I'm Carl Person, a New York lawyer and a fighter to keep people in their homes.

tags: mortgage payments stop paying loan modification 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

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When is it smart to initiate your own mortgage foreclosure?

A person should initiate his or her own mortgage foreclosure when the person sees that they can't pay the mortgage for six months from now. Stop paying now and that is the initiation of mortgage foreclosure proceedings. And by the way, as a condition for modification, many banks require you to be in default. Don't pay up your mortgage and then think you're going to get a modification agreement. I'm Carl Pearson, I'm a New York lawyer, and my job is to help people stay in their homes.

tags: mortgage foreclosure self initiated loan modification 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

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What is predatory lending?

Predatory lending basically encompasses the unscrupulous lending tactics that lenders and mortgage brokers engaged in giving home loans to homeowners. Basically, they were not disclosing the material terms of the loan. And that, in and of itself, is part of the reason why a lot of these loans are predatory in nature. They withheld the material terms and didn’t disclose certain things in the loans to certain homeowners, and that basically is what encompasses what is a predatory loan. I’m Vincent Howard, senior and managing partner of Howard Nassiri. We work hard every day, representing the consumer, from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: predatory lending definition mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Can I modify my commercial property mortage in NY?

If a person owning commercial property has a mortgage, it's almost the same thing as a tenant in a commercial property going up to the landlord and saying "Look we're having tough times now. I can't pay $80000 a month, I can pay $65000 a month and stay here otherwise I'm just going to have to vacate or go into bankruptcy". So the landlord would say "Okay fine. Let's modify the lease". The same thing is true about a mortgage, that an owner can reach a modification with respect to commercial property when you explain the facts, and the lender is willing you could have a modification. There's nothing prohibiting it, it has to be done by agreement. I'm Carl Person. I'm a New York lawyer and my job is to help people stay in their homes.

tags: loan modification commercial prop. commercial property 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

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What's it like to help someone fight against predatory lenders?

It’s a great feeling to help somebody who’s been a victim of a predatory loan. To be able to make that phone call and call the client and let them know that the foreclosure sale has been postponed, that they don’t have to pack up their bags. It’s a great feeling to talk to people who you’ve just helped save their most precious asset. They’ve got kids in school and they don’t want to move, and there is no reason for it. Things can be worked out to get people back on track to be able to make a payment where they can afford to stay in the home and the lender’s not going to lose any more money. So, it really is a good feeling and it’s one that we hope to keep duplicating. My name’s Damion Nassiri. I’m a partner in the law firm Howard Nassiri. We’re based in Southern California and we help people save their homes. If you’ve been the victim of a predatory loan, or you’re facing foreclosure, give us a call.

tags: predatory lending fighting cases mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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What are the top 3 predatory lending violations?

The top three predatory lending violations that we usually see are loans that have negative amortization that wasn't properly disclosed to the home owner. One of the other things that we see a lot of is someone who has a really good credit score, who should qualify for a better loan, but are actually put into a sub-prime loan and that's because lenders make more money when they put more people in sub-prime loans. And then the other thing that we see a lot of is people who were presented with a teaser rate and the interest rate bait-and-switch deal where people thought they were getting on interest rate, but they were actually getting another. I'm Vincent Howard, senior and managing partner of Howard/Nassiri. We work hard every day representing the consumer from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: predatory lending top 3 violations mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Is my home covered in a debt settlement program?

In California, your home cannot be covered under a debt settlement program. Usually debt settlement programs only deal with unsecured debts. A home mortgage loan is secured by the actual home itself, so usually that's not something that's going to be the subject of a debt settlement program. I'm Vincent Howard, Senior and Managing Partner of Howard Nassiri. We work hard every day representing the consumer, from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt settlement my home debt relief predatory lending loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Is my car covered under a debt settlement program?

A car is usually not going to be covered in a debt settlement program here in California. Usually debt settlement programs only involve unsecured debt. With a car loan, the car itself is the object that's being secured, so it's not going to be covered in a debt settlement program. I'm Vincent Howard, senior managing partner of Howard | Nassiri. We work hard everyday representing the consumer from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt settlement car covered? debt relief predatory lending loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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When is the right time to initiate a mortgage defense?

The bank determines when the foreclosure preceding begins, but the borrower has an opportunity of deciding for himself or herself when he or she wants the bank to begin this. And the way its done is that a borrower realizes that six months from now, I don't have any money. I'm not going to be able to pay the foreclosure or pay the mortgage in six months. So why spend all of your money between now and six months and give the bank everything you have. Stop paying! Right now! Stop paying. Precipitate a foreclosure right now and you will have fourteen months of not having to pay the mortgage and you can then force the bank, if you have appropriate circumstances, you can force the bank into reaching a modification agreement which right now, today, they won't give you! That's why you're here talking with me, because the bank won't give you a modification. Let's force them to do it by bringing them into court, force them to sue you, you defend and then you can have the relief you are seeking. I'm Carl Person. I'm a New York lawyer and my job is to help people stay in their homes.

tags: mortgage foreclosure defending loan modification 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

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How can debt settlement help me?

Debt settlement can help you simply because it eliminates your unsecured debt. With that unsecured debt hanging over your head and you not making in roads to paying it off, it could have adverse effects on your credit rating, credit score. We live in a society that dominated by what your credit score is. You can't get a home, you can't buy a car, you can't get a student loan without it. So one of the things that debt settlement does is that it helps you get back on the road to financial freedom quicker. I'm Vincent Howard, senior and managing partner of Howard/Nassiri. We work hard every day, representing the consumer from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt settlement credit score debt relief predatory lending loan modification benefit foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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My mortgage just went up! How do I get it back down?

If your mortgage payment just went up, there are two ways of getting it back down. One, is to talk to the bank and tell the bank your problem and see if they won't be willing to modify the agreement to lower the rate and that with the modification agreement with the consent of the bank. But if the bank won't do it, this is where people then go to a lawyer and tell the lawyer "Look, I can't afford it. I'm gonna have to stop paying the mortgage." And the lawyer might say "Well that's a fine thing. Stop paying. Let them sue you. We'll defend and then we will modify it on better terms." I'm Carl Pearson, a New York lawyer and a fighter to keep people in their homes.

tags: loan modification higher rate! 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

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When is it okay not to pay a mortgage in New York?

It is okay not to pay a mortgage in New York when you don't have any money. What else are you going to do? You're not going to steal from a gas station to pay your mortgage nor should you steal from your retirement or from your credit cards. If you can't make the payment, stop paying and then invite a foreclosure action, defend the foreclosure action and then reach a modification agreement to end the lawsuit. I'm Carl Person, I'm a New York lawyer and my job is to help people stay in their homes.

tags: mortgage payments ok to not pay loan modification 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

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When is it smart to stop paying my mortgage in New York?

It's a smart move to stop paying your mortgage in New York when you don't have the money to pay. You have no other choice, so you should stop payment earlier rather than later. Have the bank then bring a forclosure action, you now have fourteen months of additional time for nonpayment of the mortgage, and because of that the bank will want to reach a modification agreement and you should try desperately to reach one that you could live with, and that's the perfect resolution of the case. I'm Carl Person, a New York lawyer, and a fighter to keep people in their homes.

tags: mortgage payments don't pay loan modification 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

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How long can I live in my house without paying the mortgage?

A person a can live for free in his house almost two years in New York if you do it this way: you stop paying the mortgage, they foreclose it takes 14 months, and then they have evict you- this may be another four. But that is not what you really want to do. You want to stop paying in order to force a foreclosure and, as quickly as possible, reach a modification agreement and then be a person that pays on a regular basis [so] that you have lawful, proper possession, and the bank is happy. I'm Carl Pearson, a New York lawyer and a fighter to keep people in their homes.

tags: mortgage default stay in home loan modification 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

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Do banks want to lower my monthly mortgage payment?

Banks want to lower the mortgage payments under circumstances that are just. For example, if a person has the property that is declining in value, less income, they have been steady payers they just can't afford the higher rate, and especially if the higher rate was just thrust on them with a variable. The banks recognize the writing on the wall and they are willing to reach an agreement, called a modification agreement, to keep the monthly payment down and make it affordable, yes. I'm Carl Person. I'm a New York lawyer and my job is to help people stay in their homes.

tags: loan modification banks will help 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

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Do banks in New York want to lower my interest rate?

Banks would like to make properties pay when they have a mortgage outstanding. And in many cases, the banks will have to lower the interest rate in order to make the mortgage payment affordable by the person living in the home. So that the banks may not like it, but they do recognize that the way of keeping toxic mortgages off their books is to bring them back to life by making the mortgages affordable. In that way they do lower interest rates and that is done in a modification agreement. I’m Carl Person, a New York lawyer and a fighter to keep people in their homes.

tags: loan modification banks will help 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

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How can I lower my mortgage interest rate in New York?

There are two ways to lower a mortgage interest rate, as I see it. Number one, is to reach a modification agreement with the bank that has a lower interest rate. Number two, if the bank doesn't agree to that, and yet...and proceeds with a foreclosure action, then you defend. And what agreement the bank was not willing to make with you before the action, after you start defending the foreclosure action, you'd be surprised how quick the bank might be willing to accept that same agreement. I'm Carl Person. I'm a New York lawyer and my job is to help people stay in their homes.

tags: loan modification lower payment 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

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What is my first line of defense against mortgage foreclosure?

When a person feels like there is going to be a crisis coming up because of sickness or loss of job, loss of income, and therefore they won't be able to continue paying their mortgage, they should think ahead of time, maybe even six months in advance, see an attorney and talk with the attorney and see whether it is not appropriate now to stop paying the mortgage and save that money- fourteen months worth of mortgage payments. Use that to defend the action and then to obtain from the bank a modification agreement once they are in foreclosure. I am Carl Person. I'm a New York lawyer, and my job is to help people stay in their homes.

tags: mortgage foreclosure 1st defense loan modification 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

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Do mortgage lenders forgive debt?

Mortgage lenders are in the business of trying to maximize the value of their assets and as part of that they will give up interests, they will give up monies that are owed, they will make deals in order to have the properties that they own be productive for them by having people living in their houses and paying a monthly rent. Part of that means that they may have to give up some of the principle of the loan and they have to reduce the interest rate. Yes they are willing to do that and the objective is to try to have in homes that are paying the mortgage, rather than have a lot of toxic mortgages floating around. I'm Carl Person a New York lawyer and a fighter to keep people in their homes.

tags: loan modification debt forgiveness 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

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Are there laws to protect me from predatory lending?

There are a number of laws that are on the books right now that are designed to prevent predatory lending practices. The problem is, is that, lenders a lot of times don’t follow those laws. They wait until they get caught and then deal with the problems later, because they’re too busy making money off of the predatory loans. And while the gravy train is running, nobody’s going to try to stop it. So, a lot of these lenders were giving loans that were not, that they shouldn’t have been giving. But the problem was that we only found out now, several years later that this, what kind of a problem this really was. My name is Damion Nassiri. I’m a partner in the law firm Howard Nassiri. We’re based in Southern California and we help people save their homes. If you’ve been the victim of a predatory loan, or you’re facing foreclosure, give us a call.

tags: predatory lending laws that help mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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What is the alternative to letting a bank foreclose on my home?

The worst thing that I experience in dealing with the mortgage foreclosure situations is the prospective clients who call me up and tell me their tale of woe: that they have a default judgment, the property is going to be sold, what can they do? I tell them the whole thing of what they should have done. I say, "You should have stopped paying. You should have precipitated a foreclosure action. You should have defended within the 20-day period, and you wouldn't be here now. You would be sitting in your home with a modification. But instead -- because you didn't do anything and the banks were at fault because they talked with you and they made you believe you didn't have to do anything -- you must do something. You have to defend the foreclosure action even though you are talking with a bank. And if you don't do that you are going to make me cry when you call me belatedly three or four months later." I'm Carl Person. I'm a New York lawyer, and my job is to help people stay in their homes.

tags: mortgage foreclosure take action loan modification 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

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How can a lawyer help me keep my home in New York?

In New York a lawyer can help a borrower who's running into trouble with a home, with a mortgage. And first of all the lawyer should consider whether it's appropriate to stop paying the mortgage right now because of this financial trouble. And then invite a foreclosure. The bank, upon nonpayment, will sue. And then the lawyer should defend, within 20 days after the service of the summons and complaint. In doing so the bank will then say, oh my god there're defending the foreclosure, how unique. Most people don't defend. And the bank will then be more readily agreeable to a modification after the suit is brought when they weren't willing to do the same thing before the suit was brought. I'm Carl Pierceson. I'm a New York lawyer and my job is to help people stay in their homes.

tags: mortgage defense lawyer help loan modification 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

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What is a mortgage foreclosure defense?

A mortgage foreclosure defense is a way by which a home owner, that owes money to the bank, can keep the home. Number one, a foreclosure action, at least in New York, takes about 14 months. So in a 14 month period, the borrower is able to stall, hold off and forcing the bank to reach a modification agreement hopefully. So these defenses, however, have to be bonafide. For example, a defense that the mortgage broker and the bank were engaged in fraud and were charging a higher interest rate to the borrower than the borrower should have been paying. Often leading up to hundreds of thousands of dollars a year of extra charges. We can defend and do something about that and stop the foreclosure and that's the kind of thing I am urging people do. I'm Carl Person. I'm a New York lawyer and my job is to help people stay in their homes.

tags: mortgage foreclosure defense NY loan modification 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

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What's most difficult about being a foreclosure attorney?

The difficult thing about my practice is that I represent people in distress, and distress is an economic situation. They have less money. They have less faith. They have...they're scared they are going to lose everything they have, and they come to me and they want me to help them. I can't help everyone that is in that dire circumstance. The best thing they can do is come to a lawyer--me or some other lawyer when they first have a foreclosure action against them. Then we can help them inexpensively and do a much better job than when they come belatedly. Or, they should get in there early and advise them to stop paying their mortgage so that they don't waste their money, and that they can precipitate a foreclosure and a modification more readily by doing it quickly, by stopping payment. That is what people need to know, and they don't know this. Instead, they talk with the bank, and the foreclosure is taking place. The foreclosure is going to happen. The faceless person at the bank does not call up the law firm and stop the foreclosure. They think it happens that way. I don't see it happening that way at all. So, the foreclosure is racing along, and then it's in default. And then they come to me saying that, "Oh my God, I'm gonna lose the property." What these people need to know in advance is that they don't have to lose a property that way, and it is not expensive to defend a foreclosure action if you do it timely. I'm Karl Pierson, a New York lawyer and a fighter to keep people in their homes.

tags: mortgage foreclosure lawyer role loan modification 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

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What is Howard | Nassiri's experience with debt settlement?

To date, our firm in conjunction with our service provider Morgan Drexen has settled unsecured credit card debt in upwards of ten million dollars at 41% on the dollar. We are helping a lot of Californians get back on the road to financial freedom through our concerted efforts. I'm Vincent Howard, senior and managing partner of Howard/Nassiri. We work hard every day representing the consumer from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt settlement experience debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Is predatory lending a growing problem?

Predatory lending is a growing problem in California, it really is. California, along with Nevada and Florida, were some of the hardest hit states in our union. Here in southern California in particular, my partner and myself often refer to it as ground zero because so many predatory loans, sub-prime type loans, were originated right here in southern California. I'm Vincent Howard, senior and managing partner of Howard-Nassiri. We work hard every day representing the consumer from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: predatory lending growing problem? mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Why is Southern California so hard hit by predatory lending?

California is a victim of this sub-prime crisis for a number of reasons. One, it's Southern California. A lot of people want to move here, buy homes here. [Ah] The homes that people buy here rise in value, or they did up until recently. ah and then what you have is a large number of California residents who were employed in the mortgage industry. California had upwards of 300,000 people employed in this industry. Lenders noticed that, and they wanted to take advantage of that. So they pushed their brokers, even lenders directly, pushed them into pushing people into sub-prime products, and that lead to the economic crisis that we're suffering now. I'm Vincent Howard, senior and managing partner of Howard | Nassiri. We work hard everyday representing the consumer from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: predatory lending laws against mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Can I keep my house if I'm a predatory lending victim?

Whether you can keep your house if you're a victim of predatory lending depends. We've seen people who have lost their house because they were unaware of what their rights are or were, and by the time they found out it was too late, the lenders had already foreclosed and have taken their home. There's a possibility you can keep your house, but that's going to depend on whether you have adequate representation and whether someone is representing your interests, because the lender certainly aren't, they're representing their interest. And one of the ways in which you can keep your house is if you hire an attorney who's skilled in this area of law, who can exercise your rights and help you keep your home. I'm Vincent Howard senior and managing partner of Howard Nassiri. We work hard every day representing the consumer from our headquarters in Orange County California. If you need an attorney you can trust, go ahead and give us a call.

tags: predatory lending keep my house mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Will I have to go to court for my predatory lending case?

You may have to go to court for your predatory lending case. When you retain us as your attorneys, we like to get the matter settled short of going to trial, going to court, anything like that. But keep in mind when you hire an attorney, a good attorney, we prepare the case as if we're going to go to trial. To do anything less is to only prepare for half or part of the case. We prepare like we are taking your case, your matter, all the way to trial, but if we can settle it before, we certainly will. I'm Vincent Howard, Senior and Managing Partner of Howard/Nassiri. We work hard everyday representing the consumer from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: predatory lending court mortgage debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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What is debt settlement?

Debt settlement is an aggressive approach to reducing the amount of unsecured debt that a person owes. The length of time in a program can vary, but it usually ranges anywhere from six months to four years depending on how aggressive of an approach the consumer wants to take. I'm Vincent Howard, Senior and Managing Partner of Howard Nassiri. We work hard every day, representing from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt settlement definition debt relief predatory lending loan modification benefit foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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How long will debt settlement take in California?

A debt settlement program can take anywhere from 6 months to 4 years. How long anyone is in a debt settlement program is really going to depend on how aggressive of an approach they want to take. If they want to save more money faster and put more money into their trust account, allowing attornies the ability to negotiate their debts faster then they're going to be in them for a shorter amount of time. If they don't have a lot of disposable income then it's going to take longer, but on average anywhere from 6 months to 4 years. I'm Vincent Howard, Senior and Managing Partner of Howard Nisery. We work hard every day representing the consumer from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt settlement how long? debt relief predatory lending loan modification benefit foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Will my credit score be harmed by debt settlement?

In California, your credit may be harmed by a debt settlement. Most programs are designed to instruct the consumer to stop paying their credit card debt, which is usually the type of debt you’re dealing with, with these programs. When that happens, creditors are allowed to continue to charge you interest, uh, late fees may accrue, and in some of the more extreme situations, uh, you may be the victim of a lawsuit. Uh, so, your credit may be adversely affected. But, it is best that when you are looking around for debt settlement programs you try and find one that has adequate legal representation. Because only a lawyer can make sure your rights are looked out for. I’m Vincent Howard, senior and managing partner of Howard and Nassiri. We work hard everyday representing the consumer, from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt settlement credit score debt relief predatory lending loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Are debt settlements common in California?

Given our current economic crisis and situation, debt settlement is becoming more and more common in California. Uh, you will see on the news or on radio ads, or TV ads, debt settlement companies are popping up all over the place in California. Uh, you have to be very careful and do your due diligence when looking to see, uh, what debt settlement program you want to engage in. Uh, one thing, uh, I think that would be in the consumer's best interest is to look for a debt settlement program that is attorney based. Because only an attorney can enforce your rights in a court of law. Debt settlement companies can't do that. I'm Vincent Howard, senior and managing partner of Howard and Nassiri. We work hard everyday representing the consumer, from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt settlement frequency debt relief predatory lending loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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How can a debt settlement attorney help me?

A debt settlement attorney can help you in a number of ways. One, all your debt settlement attorney is going to know what the law is. Debt settlement companies can't, and when a debt settlement attorney gets a case, he or she can look to make sure that the debt can even be a collection. A lot of times, debt collection companies and creditors try to collect on debts that have already been paid, debts that are timed out. Only an attorney is going to be able to look at your specific situation and guide you appropriately through your debt settlement program. I'm Vincent Howard, senior managing partner of Howard Debt Series. We work hard every day representing the consumer from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt settlement attorney role debt relief predatory lending loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Who is eligible for debt settlement in California?

In California, if you have unsecured debt, $5000 or more, and you have disposable income that will allow you to make payments in a debt settlement program, then you're going to be eligible to enroll in a debt settlement program. Some of the things that a consumer might want to think about is whether or not they are what's called "judgement proof," and those are things that you can talk about with your attorney that will help you make a decision as to whether you should even enroll in a debt settlement program. I'm Vincent Howard, senior and managing partner of Howard Nassiri. We work hard every day representing the consumer from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt settlement eligibility debt relief predatory lending loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Are my credit cards covered in a debt settlement program?

All your credit cards will be covered in a debt settlement program if you decide to enroll them in the program. Some consumers decide to put some of their credit card debt in the program, while keeping current in continuing to make payments on others, but any credit card that you wish to put through the program is eligible for the program. I'm Vincent Howard, senior and managing partner of Howard Nassiri. We work hard everyday representing the consumer everyday,from our headquarters in Orange County California if you need an attorney you can trust, go ahead and give us a call.

tags: debt settlement credit cards debt relief predatory lending loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Who qualifies for a debt settlement program in California?

In California, you qualify for debt settlement program if you have a large amount of unsecured debt, usually $5,000 or more. If you’re having trouble making the payments, and you have enough disposable income to make a monthly payment into a trust account, say for example, which is used to settle the uh, amount of unsecured debt that you have. I’m Vincent Howard, senior and managing partner of Howard & Nassiri. We work hard everyday representing the consumer, from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt settlement who qualifies? debt relief predatory lending loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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How does the financial crisis effect debt settlement programs?

The current climate may make it easier to get a debt settlement, because the economic situation we’re dealing with now is financial institutions that are failing. And they’re failing because they need liquidity, they need money. Debt settlement is a way for them to get this money. Some money is better than no money. So, where as maybe in the past they may have been slow to settle certain consumer accounts, now they’re going to speed it up and do that - because they need that money given their financial situation, if they’re in a bad way. I’m Vincent Howard, senior and managing partner of Howard Nassiri. We work hard every day, representing the consumer, from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt settlement current crisis debt relief predatory lending loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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What does fair debt collection mean?

Fair Debt Collection simply means that debt collectors, when they are engaging in the business of collecting on their debts, they must engage in fair practices in doing that. They can't do anything false or misleading or anything that would be considered unfair. I'm Vincent Howard, Senior and Managing Partner of Howard/Nassiri. We work hard every day representing the consumer from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt collection fairness definition fair debt collection debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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What debts fall under the Fair Debt Collection Practices Act?

Under the Fair Debt Collection Practices Act, any debt, or any item that was purchased with a credit card for your personal, family or household use is a debt that is covered under the act. I'm Vincent Howard, Senior and managing partner of Howard/Nassiri. We work hard everyday representing the consumer from our headquarter in Orange County California. If you need and attorney you can trust, go ahead and give us a call.

tags: debt collection covered debts fair debt collection debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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How can I stop a debt collector from contacting me?

Uh, a surefire way to stop a debt collector from contacting you is retaining the services of an attorney. Because under the Fair Debt Collection Practices Act, if a debt collector knows that you are represented by an attorney, and they know how to get in contact with that attorney, then all direct and indirect contact with the consumer must stop, and they must go through that person's attorney. I'm Vincent Howard, senior and managing partner of Howard Nassiri. We work hard everyday representing the consumer from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt collection stopping calls fair debt collection debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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What debt collection actions are prohibited?

Under the Fair Debt Collection Practices Act, uh,it prevents debt collectors as that term is defined under the Act, uh, from engaging in harassment and abuse of the consumer, uh, false or misleading communications and general unfair business practices. I'm Vincent Howard, Senior and Managing Partner of Howard and Nassiri. We work hard everyday representing the consumer from our headquarters in Orange County California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt collection prohibited actions fair debt collection debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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How can an attorney help against unfair debt collection?

A debt collection attorney can help you under a fair debt collections violation by protecting you from the harassment and abuse that debt collectors may engage in. Also a debt collection practice act attorney can also review the actual debts that the debt collection company is trying to collect on to make sure it is a debt that could actually be collected on. Sometimes debt collection agencies engage in debts that are whats termed as timed out, debts that can no longer be collected or debts that you may not even owe, and a debt collection attorney can review your specific situation and advise you accordingly. I'm Vincent Howard senior in managing partner of Howard and Asiri. We work hard everyday representing the consumer from our headquarters in Orange County California. If you need an attorney you can trust go ahead and give us a call.

tags: debt collection attorney help fair debt collection debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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What do I do if a debt collector has violated the law?

In California, if you believe a debt collector has cross the line or violated the law, what you first must do is document the wrongdoing. So many times I have clients that come in and they tell me in general that a debt collector has crossed the line, but what I specifically need to know, or what an attorney needs to know is what exactly were the bad acts? For example, a common violation is phone calls- harassing phone calls by the debt collectors after the given time periods. Or they've said harassing or abusive things to that consumer. You need to document that, get the time, date, who you spoke with and what was said, and give that over to your attorney and that's the first step in prosecuting one of these claims. I'm Vincent Howard, senior and managing partner for Howard Nassiri. We word hard every day representing the consumer from our headquarters in Orange County, CA. If you need an attorney you can trust, go ahead and give us a call.

tags: debt collection law violation fair debt collection debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Can I file a complaint against debt collectors?

In California, if you feel that you have been the victim or that a debt collector has violated the fair debt collection practices act, there's two things you can do. The law provides for civil remedy. That means you can hire an attorney to prosecute the matter and pursue your rights. Or you can go the route of an administrative remedy and that is where you can make a formal complaint to the Federal Trade Commission which is the commission that regulates this area and then they can look into it. I'm Vincent Howard. Senior and managing partner of Howard Nesery. We work hard everyday representing the consumer from our headquarters in Orange County California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt collection complaint fair debt collection debt relief loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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What are the psychological benefits of a debt settlement?

The feeling you get or the feeling I get when helping someone settle their unsecure debt it's hard to put into words because you have a client who's come to you, they are in a hard way, they are in financial dire straits and they can't make that next mortgage payment, buy groceries even and at the end of our program you talk to that same consumer and they have a renewed sense of confidence you know. They are proud of that accomplishment that they achieve. They have paid off their debt, they are now back on the road to financial freedom and to see that broken person transformed into this person who's confident and happy really makes me feel good. I'm Vincent Howard senior and managing partner of HOWARD/NASSIRI. We work hard everyday representing the consumer, from our headquarters in Orange County California. If you need an attorney you can trust- go ahead and give us a call.

tags: debt settlement benefits debt relief predatory lending loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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How do debt settlement programs in California work?

In California, debt settling programs work one of two ways. The first way, the debt settling company gets all their money up front, negotiates something with the lender and passes it off to the consumer and says, "here you go, you're on your own." The better debt settlement companies do it this way - they have the consumer pay money into a trust account over time, and you can only do this with a law firm. Once that money accumulates and so much money is in that account, the attorney makes an offer of settlement to the creditors and when that attorney makes that offer of settlement that money is there. That program is much more successful. I'm Vincent Howard, senior and managing partner of Howard Nassiri. We work hard every day representing the consumer from our headquarters in Orange County, California. If you need attorney you can trust, go ahead and give us a call.

tags: debt settlement program debt relief predatory lending loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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What's the first step in a debt settlement program?

In California, your first move in deciding you want to enter into a debt settlement program is to contact someone you trust and feel comfortable with. Once you’ve done that, usually what they’re going to instruct you to do is to stop making payments on your credit cards. And remember, this may adversely affect your credit scores. But you have to look at it this way. If you’re already reaching out to someone needing that help, your credit score’s probably being impacted already by not making payments at all or making slow payments altogether. After that you’re going to do a financial assessment to see if debt settlement is right for you. And then you’re going to start making payments into a trust account that is designed to hold your money and use that money to settle your unsecured debt. I’m Vincent Howard, senior and managing partner of Howard Nassiri. We work hard every day, representing the consumer, from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt settlement first step debt relief predatory lending loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Will a debt settlement program stop the harassing phone calls?

In California, if you enroll in a debt settlement program where an attorney provides you representation, it may stop the harassing calls from creditors and debt collectors. Under federal law, debt collectors as that term is defined, once you are represented by an attorney the debt collector has to stop the harassing calls. They have to. That's not the same for state law. However, California has a more inclusive statute that protects consumers from harassing calls and only an attorney can make sure that that stops. I'm Vincent Howard, senior and managing partner of Howard Nassiri. We work hard every day representing the consumer from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt settlement phone calls debt relief predatory lending loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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How long will it take debt settlement to get me out of debt?

In California, once you engage in a debt settlement program, how fast you get out of debt is really going to depend on you. In some of the better programs where you're putting money into a trust account with an attorney giving them the ability to negotiate your debt away, it's going to depend on how much disposable income you're going to have and how much money you're going to have to put in that trust account. If you put more money in there, of course you're going to get out of debt a lot faster than someone who's putting less money in there. So, at the end of the day it's going to depend on the actual consumer on how fast they get out of debt. I'm Vincent Howard, senior and managing partner of Howard and Nesery. We work hard every day representing the consumer from our headquarters in Orange County California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt settlement how long? debt relief predatory lending loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP

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Debt settlement or bankruptcy in California?

In California, it's going to depend on the individual consumer's situation as to whether they should enroll in a debt settlement program, or whether they should declare bankrupcy. Certainly, if someone doesn't have a lot of disposable income, or any disposable income, to make the monthly payments necessary to be in a debt settlement program, and if they have an insurmountable amount of unsecured debt, then bankrupcy may be the way to go. But keep this in mind - with the change in the new bankrupcy's laws, it's not like it used to be, where you filed bankrupcy and, that's it, my hands are wiped clean of it. With the new bankrupcy laws, you may still have to be in a repayment program, just like you would in a debt settlement program. I'm Vincent Howard, senior and managing partner of Howard Nassiri. We work hard every day, representing the consumer, from our headquarters in Orange County, California. If you need an attorney you can trust, go ahead and give us a call.

tags: debt settlement bankruptcy debt relief predatory lending loan modification foreclosure bankruptcy lawyer law firm attorney Orange County Los Angeles California Howard Nassiri

attorney: Howard | Nassiri, LLP