Can I Get a Loan Modification While in Bankruptcy?

The thought of navigating the bankruptcy process can be daunting and very overwhelming, so that’s why it’s crucial to work with the experts at Todd Cushner & Associates. Not only do they offer their exceptional experience, but they also take special care to put you at ease and explain every step of the process along the way.

Woman with hand on face sitting with two men

Depending on the amount of debt you are in, negotiating a loan modification can be an actionable step towards establishing a better financial situation for you. While considering this option, it’s important to first understand what a loan modification entails and that it requires approval from the judge who is overseeing your bankruptcy journey in the court system. A loan modification means changing the current legal terms you have with a lender and finding ways to either reduce the interest rate, modify the length of time you have to repay your loan or even formulate an entirely different loan structure.

The Law Offices of Todd Cushner & Associates are staffed with experienced and long time professionals who are uniquely situated to diagnose, counsel and solve the problems of their clients who are maneuvering  their way through the bankruptcy process, which is why it’s important to work with trusted experts in the White Plains area. They are the ones who can negotiate better terms with your lender keeping in mind your current income and future earning potential.

If your debt has become unmanageable and you are considering bankruptcy, now is the time to contact the attorneys at the Law Offices of Todd Cushner & Associates.

 
This entry was posted in Bankruptcy Protection. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Both comments and trackbacks are currently closed.
  • © 2024 Todd Cushner & Associates. All rights reserved.