Lien Stripping Loan Modifications
At the Ellett Law Offices, P.C., we understand how important preserving home ownership is to clients during today’s challenging economic climate. Since 1993, we have effectively resolved lien stripping and loan modification issues for clients in Phoenix and surrounding areas of Arizona.
Experienced Phoenix Loan Modification Attorney
As with most debt relief needs, it is often beneficial to seek a legal solution as soon as possible. Contact us, before a failing or delinquent mortgage erodes into a default loan. From our accomplished history of representation, which includes published bankruptcy court decisions, we are skilled at helping clients identify sound legal options.
As a firm dedicated to assisting clients with debt issues, we are fierce advocates for the rights of individuals and businesses. Our effective representation enables clients to protect their housing assets through a variety of debt relief options, including:
- Loan modifications — Negotiated home loan modifications reduce the interest rate or principal for a trial period or on a permanent basis.
- Lien stripping — If the value of the house is worth less than the first lien, then the second lien can be "stripped" (eliminated) using Chapter 13 or chapter 11 bankruptcy.
In every case, we carefully analyze a client’s personal financial situation and provide the guidance needed to navigate through the complex legal system. We understand the importance of asset protection, especially in regard to home ownership during debt relief reorganization, consolidation and liquidation.
Contact a Scottsdale Lien Strip Attorney
If you would like to discuss the possibility of a lien stripping or loan modification with an experienced lawyer, please call 602-235-9510 or send an e-mail. Initial consultations are offered free of charge and financing options can be made available for some cases. Click here to review a schedule of our fees.
We are pleased to inform you that we have been designated by federal law as a debt relief agency. We help people and businesses file for bankruptcy relief under the Bankruptcy Code.