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Follow on Google News | Frequently Asked Questions about Loan ModificationsWith the big buzz about how wonderfully useful loan modifications are it is easy to get a little confused in the happy news. Some people simply want to know how long getting a loan modification takes.
By: 1st Foreclosure Prevention The biggest question asked usually is that if it's so simple and easy to get so many wonderful effects out of a loan modification, why can't you do it yourself? Well, legally you could do it yourself, but it won't be as easy as with an attorney. You will have to do every bit of the footwork all by yourself and that means gathering all of your financial information from the last two years, organizing it all exactly the way your lender wants, contacting your lender yourself, writing your hardship letter according to California law, weeks or even months of direct negotiation and much, much more. As you can see hiring an attorney will save a lot of time, effort, worry and frustration and can even get better results than doing it yourself. How long does it take to get a loan modification? After I get a foreclosure notice, how long do I have until I loose my home? Well, the time amount before foreclosure varies though it usually takes about 3 months for a foreclosure to go through the system so if you can contact an attorney quickly you might be able to save your home from foreclosure by getting a loan modification. Can I save my home from a foreclosure sale? Only an attorney can save your home from foreclosure, so contact an attorney from 1st Foreclosure Prevention immediately! If I'm not missing payments or not in debt, can I still get a loan modification? Do you think you could be in need of a loan modification? 1st Foreclosure Prevention is a nationwide company specializing in complex legal matters such as loan modifications with years of experience that can help you out of a tough spot and into better times. If you need help making financial ends meet when it comes to your mortgage or lease, 1st Foreclosure Prevention is here for you. Visit us at: http://www.1stforeclosureprevention.com End
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