Thursday March 11 , 2010
  • Don't Lose Your Home to Foreclosure!
  • You Have Options!
  • We Are Here to Help You!
REGARDLESS OF WHICH PROGRAM, AL&MS CAN HELP YOU! But YOU must take the first step! simply call: 877-700-ALMS (2-5-6-7)

Forbearance Program | Keep Your Home

This is generally put into play when a Notice of Default has been filed, as it will stop the current foreclosure action (once approved).   It seems like many banks are also doing this during before granting a loan modification. 

In forbearance, you are allowed to forbear (delay) or reduce payments for a relatively short period of time, after which time another program (such as loan modification or repayment) will be used to bring your account current.

The most important factors for the approval of this by your lender is to have your hardship and financial picture presented in a very specific and appropriate manner.

loan forebearance In other words, if you cannot afford your current mortgage payments, you will not be able to afford your payments under a forbearance agreement. Also, Forbearance plans do not remove a foreclosure action but simply stop it in place until the loan is current.

Put Your Trust in Us!

Who is more likely to achieve a better outcome in a tax audit by the IRS – you, or an experienced tax attorney?   If you are standing before a judge and jury, at risk of losing everything you’ve worked so hard to achieve - are you going to represent yourself and take your chances, or hire a good lawyer (or team of lawyers) who specialize in that area of law, and are your best chance of reaching a favorable verdict? 

ALMS believes that helping homeowners like you through these troubling times by achieving workable solutions which will allow you to keep your home for as long as you desire, will play a key role in re-establishing wealth and prosperity in America – and putting it back where it belongs, in the hands of America’s homeowners. 

Simply pick up your phone and call:

For your... FREE, NO OBLIGATION, NO HASSLE LOAN MODIFICATION PREQUALIFICATION BY AN ATTORNEY FIRM

877-700-ALMS (2-5-6-7)

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The content in this website is for informational purposes only. American Loan & Mitigation Specialists’ services are not to be considered in any way a substitute for the advice of an attorney. American Loan & Mitigation Specialists is not engaged in rendering legal services and the information or reports disseminated through the use of its services may not be construed as legal advice. Nor is American Loan & Mitigation Specialists a credit repair organization. American Loan & Mitigation Specialists provide referrals services to duly licensed law firms. American Loan & Mitigation Specialist is not a Mortgage Foreclosure Consultant, and does not negotiate loan modifications or repayment plans. American Loan & Mitigation Specialist is not a mortgage or real estate broker.