Beware of Lawyers Who Offer Mortgage Modification Scams

Unfortunately, there are some lawyers who are nothing more than scammers with law degrees.Mortgage Lawyers Beware Scams

You should beware of any lawyer who promises that:

  • They can persuade your lender to cut your monthly payments.
  • Forgive all penalties
  • Slash your interest rate.
  • Get your loan balance reduced.
  • Cancel your entire loan transaction because of technical mistakes in the paperwork.
  • Tell you to send all your mortgage payments to them so that they, in turn, will deal with your lender or service.

That isn’t to say that all lawyers who offer modification services are scammers, just be careful and do your homework before you hired a mortgage modification firm or attorney.

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