J. Hegg Law represents consumers against unfair and abusive business practices, including by debt collectors. We also assist North Carolina consumers with issues involving identity theft, auto fraud, inaccurate credit and background reports, student loan debt, and a variety of other consumer issues.
If you are facing unfair or unlawful conduct by a company, J. Hegg Law may be able to help. Call J. Hegg Law today at (910) 219-3696, send our firm an email, or use the contact form for a free consumer case evaluation.
In 2009, President Obama implemented the Making Home Affordable Program (MHA), which was intended to help keep families in their homes after the mortgage crisis threatened millions of homeowners with foreclosure. The MHA provides the option for homeowners to modify or refinance their mortgage loans and offers incentives to loan servicers to implement these programs. One of the most common programs that the MHA offers is the Home Affordable Modification Program (HAMP), which provides lower monthly mortgage payments with loan modifications to eligible homeowners. Additionally, if you are not behind on your mortgage but have been unable to obtain a traditional refinance, the MHA offers a Home Affordable Refinance Program (HARP), which is designed to provide a more affordable loan. To learn more about these programs, visit the Making Home Affordable Program website or call the Homeowners Help Hotline at 888-995-HOPE (4673).
If you are ineligible for any of the government programs, you may be able to obtain a private loan modification offered by your mortgage loan servicer. Contact your individual loan servicer to request options for a more affordable mortgage loan.
When you are faced with an impending foreclosure or default on your mortgage loan, it is important that you do not wait to request help. Be proactive, and do not wait until the eve of a foreclosure sale before you seek help. Many options that might have been available earlier in the process are no longer available to you in the days or even weeks before a foreclosure sale is set to occur. Therefore, it is in your best interest to contact a consumer attorney or housing counselor to determine what options are available for a more affordable mortgage loan.
Unfortunately, there are many companies out there that do not have your best interests in mind. The rising incidence of foreclosure rates in recent years has also given rise to increased foreclosure “rescue” scams. These companies may offer foreclosure alternatives or stalling methods that sound too good to be true. In these cases, keep this in mind: if it sounds too good to be true, then it usually is. If you are being threatened with foreclosure, it is important that you beware of these scams. Instead, contact a consumer attorney or housing counselor who can help you. You may contact us at (910) 219-3696 or send our firm an email.