Most people experience financial hardship at some point in their lives, and sometimes, these circumstances can make it difficult to meet financial obligations. An unexpected setback can lead to late payments on bills, reliance on credit cards, accumulating credit and...
Mortgage Loan Modification
What is a loan modification, and what can it do for me?
If you are struggling to keep up with your payments on your loans and other debts, you know this can affect multiple areas of your life. In addition to the stress you feel regarding your financial obligations, you may also experience unpleasant consequences that...
Legal help when upside down on your home
Cranberry Township residents who have a mortgage and find themselves struggling with their finances will inevitably start to think about the status of their home. While home ownership is something that a large portion of society strives for, having a mortgage is a...
Why would you want to modify your mortgage?
Buying a home is a major purchase, and residents in Pennsylvania may not consider the negative events in life that could impact their dream to own a home. But the unfortunate reality is that financial problems could occur. Whether it is due to a job loss, health...
Helping Pennsylvanians with mortgage loan modification
Buying a home is a very exciting and overwhelming experience for residents in Pennsylvania and elsewhere. While individuals or families are thrilled to finally be homeowners, it is a major life event that is a huge financial investment. While most homebuyers take the...
A loan modification may help save your home
When a Cranberry Township resident agrees to the terms of a mortgage contract he effectively states that he will make his payments toward that mortgage in full and on time. Many lending documents like those that cover mortgages include terms regarding what actions the...
Financial struggles in retirement? Try a mortgage modification
As a retiree, you hope to get your finances in order so that you can enjoy the rest of your life. Now that you aren't working on a full-time basis, you hope to spend time on the things that make you happy. Unfortunately, you're only able to do this if your finances...
7 mortgage modification scam warning signs
You worked hard to buy a home for your wife and children, but now things have gotten hard financially. You haven't been able to keep up with the payments. Suddenly, you are facing foreclosure. Mortgage modification might be one of the options that you have to keep...
What does it mean if my mortgage is underwater?
Even if a reader of this Pennsylvania bankruptcy-and-debt-relief-law blog is completely unfamiliar with the term 'underwater mortgage' she may have a feeling that it is not a good thing. Being underwater implies the possibility of drowning, and an underwater mortgage...
Will mortgage loan modification help me?
Mortgage loan modification is an option for those who become unable to pay their mortgage. This could be due to a decrease in income or other unexpected expenses that come up and prevent someone from being able to make full mortgage payments.Essentially, a mortgage...