At Graham Legal the clients are the big winners in the ongoing war with nationally recognized banks, like Bank of America and their foreclosure-mill law firms. This rings especially true for this newly modified homeowner who was inches away from losing her home. With a trial date set for March 5, 2013, Graham Legal acted quickly and efficiently; serving plaintiff’s counsel with a notice of taking deposition and motion for continuance of trial. No later than April 17, 2013 their client obtained a trail modification offer from Bank of America to commence June 1, 2013. The last of the three trial payments was made August 1, 3013 immediately followed by a permanent modification offer on April 19, 2013 with a substantial principal reduction of nearly 58%. Here are the figures:
Old Principal Balance: $349,816.79
New Principal Balance: $148,476.00
Percentage Savings: 57.56%
New Principal & Interest Payment: $985.28
Let Graham Legal, P.A. help you get the principal reduction you need to keep your home. Looking for other Foreclosure alternatives, we have you covered. Come meet with us for a free consultation.