Happy Super Bowl Sunday!
Sometimes, foreclosure settlements do not come so easy. At times, you may have to appear at numerous conferences, deal with five different law firms representing the bank, and even engage in some motion practice. That is exactly what happened in this matter.
After filing our Cross-Motion to dismiss plaintiff’s Complaint, my client and I were offered a loan modification that fit my client’s requests. We accepted a settlement which included over $200k in loan forgiveness and at an interest rate of 2% for the first few years (capped at 3.25%).
While I do not announce all settlements, I am happy to announce this one considering the hardships my client has been dealing with since the pandemic. We were able to resolve this matter and discontinue the foreclosure action all while my client is overseas caring for her family.
Let us take care of the legal matters while you handle life’s matters.
