Hartford Area Lawyer Experienced in Debt Relief

Bankruptcy - Loan Modifications - Non-bankruptcy Solutions

What do you do, when you're seriously behind on your mortgage loan? You know you're at risk of losing your house to foreclosure. You're feeling the pressure from the bank about those missed payments - and probably getting offers from various companies who claim they can work these things out with your lender, so you can stay in your home.

Don't make things worse by jumping at a loan modification offer before discussing your situation with an experienced bankruptcy lawyer. Attorney Charles A. Maglieri at Advanced Bankruptcy Legal Services has been helping Connecticut clients with debt relief for many years. Call 860-952-3674 (Bloomfield Office) or 860-541-5407(Brooklyn Office) or send an e-mail to set up a free initial consultation.

Do Loan Modifications Really Stop Foreclosure?

You would think it stands to reason that lowering your mortgage payments would help you get a handle on your debt. That is why the federal government set up a loan modification program in the fall of 2009, trying to keep homeowners from defaulting on their mortgages.

Unfortunately, many people who get a mortgage loan modification end up defaulting on their loans anyway. That's why considering filing for bankruptcy, perhaps underChapter 13 , may be a preferable course of action. Discuss your case with experienced debt relief attorney Charles A. Maglieri and find out where you stand.

Who Will Really Help?

Of course, there are also plenty of companies who say they can work directly with your lender to revise the terms of your loan and keep you in your home. But beware: there are many fraudulent companies out there offering these services. And even when they are legitimate, services like these will not necessarily help you examine all of your options, including bankruptcy.

Attorney Charles A. Maglieri of Advanced Bankruptcy Legal Services has nearly 31 years of experience helping clients obtain debt relief. With offices in Bloomfield and in Brooklyn, the firm serves clients throughout Connecticut. Call or e-mail to schedule a free consultation.