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Sample Legal Opinion Re Loan Modification Mississippi  Form

Sample Legal Opinion Re Loan Modification Mississippi Form

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prior to 2007 the concept of loan modification didn't exist for the last year it's been all the hype uh unfortunately people's expectations about what they're going to get from their lenders is not realistic first and foremost you need to understand that you are not entitled to a loan modification you signed a contract you agreed to pay back the lender at specific terms and now you want to change the terms the bottom line is that gives you no legal leverage unless they've done something wrong one of the problems of loan modification is that the government has come in and now try to standard standardize the process for getting a loan modification they've tried to make it very simple for consumers to pursue and unfortunately the banks have been non-responsive so it's true you can pursue a loan modification yourself it takes a lot of time effort and diligence but you're going to be a bit of a strategic disadvantage unless you

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