Legal Advantage offers Mortgage Modification and Credit-Related Document Processing Services

Feb. 11, 2009 - PRLog -- Bethesda, MD  – Legal Advantage, LLC, a premier provider of litigation support services, announced today the offering of mortgage modification and credit-related document processing services.  Mortgage and credit-related filings have reached epidemic proportions and Legal Advantage is working with clients to analyze and evaluate documents associated with mortgage and loan restrictions, as well as lender/borrower litigation, in order to assist outside counsel to provide the most comprehensive solutions for these issues.

Legal Advantage has a highly skilled team with experience that gives them a thorough understanding of a broad range of disputes, including contract law, bankruptcy and other related areas. In the foreclosure arena, Legal Advantage can assist clients in three separate processes: 1) foreclosure avoidance – by helping to restructure loan terms; 2) during foreclosure – by processing relevant foreclosure-related documents; and 3) post-foreclosure – by working with creditors on developing and implement loan restrictions.   In terms of the Mortgage Modification Service, Legal Advantage’s team of legal associates and analysts takes care of the document collection and client interview processes for modification requests.  Additionally, the team prepares the drafting of initial correspondence and financial statements before transmittal to client firms.  The result is an accurate prepared package of documents that allows client law firms to begin negotiations with lenders immediately.

Legal Advantage has worked with numerous law firms to help restructure loans and analyze risks.   “We began offering this service several months ago in response to requests for assistance from some of our  clients.  The collaborations have been extremely successful in providing high quality services, and allowing our clients to significantly scale their operations to meet increased demand.  With the credit crisis in its current state, we see a significant demand for this service.” said Ashar Akhtar, Associate General Counsel of Legal Advantage, LLC.

“Given the current real estate situation, coupled with the general economic downturn, a matching up of offshore services with mortgage assistance was only a matter of time,” stated Akbar Sharfi, President of Legal Advantage.  “Whether our clients represent debtors or are creditors, our selection of services save time and money for everyone involved.  Everyone agrees that foreclosure is an absolute last and costly resort, and our foreclosure avoidance services aim to prevent this option. We are pleased to be able to play a part in assisting hard-working Americans retain their homes in the face of these crises However, in cases where foreclosure is absolutely unavoidable, our team works to make the process as painless and quick as possible for everyone involved.”


ABOUT LEGAL ADVANTAGE: Legal Advantage offers a full suite of intellectual property and litigation support solutions.  With over seven years of solid industry experience, the company has carved a niche for itself in Litigation Support arena and provides services including document review, legal research, deposition summarization, and trial graphics.  Significant cost reduction, reduced project turnaround times, and high quality end-product deliverables are just a few of the benefits of using Legal Advantage’s support services.
For more information on our services, please visit our Website at:   http://legaladvantage.net

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Legal Advantage was founded by Attorneys for Attorneys with one driving goal: to provide world-class services that enable law firms and corporations to work more efficiently & effectively.