Mortgage Modification Mediation Program
Let Our Palm Beach Foreclosure Lawyer Lend a Hand
As a debtor in Florida, you may be eligible for the Mortgage Modification Mediation program (MMM). This program was put together by the clerks, trustees, and bankruptcy courts here in Florida to allow debtors like yourself to seek a modification to your mortgage in bankruptcy. If your current mortgage, insurance and taxes, or monthly HOA exceed 31% of your gross household income, you may qualify.
During this process, we will help you to establish how much you will need pay, typically at a reduced rate. If you choose to have our firm represent you, our Palm Beach bankruptcy attorney will do everything it takes to make the process smooth sailing for you. Enrolling in this program may provide you with the sense of relief you have been craving.
Contact us at the Law Offices of Carol D. Ellis, P.A. for counsel!
Benefits to Ch. 13 Bankruptcy & Mortgage Modification
You may feel nervous about going through this process without a deep understanding for the way it works. Fortunately, you have our firm on your side to provide you with all of the information and answers you need. This includes the different benefits which you may gain.
There are a number of different benefits involved in the mortgage mediation program:
- You may be able to lower your interest rate
- You may be able to move your mortgage arrears payments
- You may be able to reduce the principal
- You may be able to reduce your Chapter 13 plan payments
Having a Palm Beach bankruptcy attorney on your side to help you get through this complex process can be quite beneficial. You can count on our firm to assist you in any way we can. Please call now at (561) 513-5809 for a free consultation!
