Success Stories

These clients are a husband and wife who immigrated this country many years ago. They worked hard, paid their taxes, and were living the American dream. Then one day they had trouble paying their mortgage and BB&T sued them for foreclosure. They came into the office and when we looked at the documents, something did not smell right. After some time digging, we uncovered that someone at BB&T bank forged the wife’s signature to the note and mortgage. This is why choosing a law firm that pays attention to every detail is so crucial.

So, we sued BB&T right back. So far, the offered the release the clients from the note and mortgage and give them the house for free. We said great, but that’s not enough. Then they offered $5,000 on top. I’m not sure if that is supposed to be an insult or a joke, but BB&T’s offer is going to need many more zeros before we can talk about settling this case. We are happy to put this case in front of a jury and let them decide what this case is worth. I can assure you, BB&T Bank, that the jury will award substantially more than $5,000. Pony up or we’ll see you at trial.

A client came to Loan Lawyers regarding a bank foreclosure case what was filed against him over two years ago. He never responded to the foreclosure, and therefore received a default against him which means that he would no longer be able to defend the lawsuit. To complicate things even more he was also recently sued for foreclosure by his Home Owners Association (“HOA”). The HOA case was being very aggressively litigated and they were moving fast to take the house. We immediately filed an answer in the HOA case and propounded discovery for them to respond to. In the meantime, Loan Lawyers worked very hard and was successful in getting to his 2 year old default vacated in the case from the bank. Our client was very happy wit the result, but still very concerned that he may lose his home to the HOA.

After analyzing the situation Loan Lawyers advised our client that the HOA had wrongfully filed a foreclosure claim against him, since the bank had already previously filed their case. We immediately filed a Motion to Dismiss against the HOA alleging that they lacked proper Subject Matter Jurisdiction to file the lawsuit. Not only did we get the HOA to dismiss their foreclosure lawsuit with prejudice, but we are in the process of getting our client’s attorney fees reimbursed for having to defend the wrongful foreclosure. To sweeten the win even more we have since sued the HOA under the FDCPA (Fair Debt Collections Practices Act) which will result in our client’s receiving a nice check for the improper foreclosure. Our client is breathing easy now and very grateful to G-d and to his top notch legal team at Loan Lawyers.

Despondent and desperate, a widow retained Loan Lawyers in April of this year (2016). The widow’s deceased husband had been the sole borrower on the promissory note for the mortgage encumbering the couple’s homestead real property. Due to the financial strain ensuing from the loss of her husband, the widow was unable to consistently maintain her deceased husband’s mortgage payments, and the mortgage lender eventually commenced foreclosure proceedings against her home. Although she was naturally still residing in the home after her husband’s passing, the mortgage lender persisted in thwarting the widow’s attempts to save her home because she was not a signatory on the promissory note. Despite having been represented by two different foreclosure defense attorneys since 2011, our client’s prior legal counsel unfortunately were unable to achieve a result that entailed her retaining the property. Indeed, relinquished to the erroneous belief that she had no available recourse to save her home, the widow ultimately consented to foreclosure judgment being entered against her, in exchange for a mere few thousand dollars in relocation expenses offered by the mortgage lender.

Here is a client that did not make any mortgage payments for over 3 years. We fought the bank in court on the foreclosure case and were able to negotiate a principle reduction of approximately $250,000. The principle is reduced in three stages. The reduction is applied in 3 stages. After each year of on time payments, 1/3 of this amount is applied to reduce the principle. Plus, the interest rate is 2% for the first five years and it only goes up to 3.75%. Another great job and another example of why it is so important to attack a foreclosure problem from multiple angles.

This was another phenomenal result for a client. This client had not made a mortgage payment in 4 years. We had a lawsuit pending against the bank and were fighting the foreclosure for over 3 years. The bank finally caved and we negotiated an amazing deal for the client. The original mortgage was for $382,500 with an 8%-11% variable rate. The balance at the time of the settlement was approximately $500,000 after years of no payments, interest, attorneys fees, and unpaid escrows. We were able to get the principle reduced from about$500,000 to $186,000 with a fixed rate of 3.94% for the remaining term of the loan, not a new 30 or 40 year term, but for the remaining term. This result is further evidence that being aggressive with the bank and trying multiple solutions gives homeowners a better chance of saving their homes. That is why at Loan Lawyers, our foreclosure attorneys do loan modifications, foreclosure defense, bankruptcy, short sales, deeds in lieu of foreclosure, and we sue banks. It is our philosophy that a an approach that attacks the problem from many angles will give our clients a better chance to save their home. The reality is for this client, if they went to a lawyer that did nothing but try to delay the case, or just try a loan modification, this client would most likely have lost their house years ago.

Another great job by our team! This client was put into foreclosure so we immediately got to work. We sued the bank in Federal Court for violating the Truth in Lending Act. We ended up settling the foreclosure and the TILA lawsuit for the client with a spectacular result.

The client’s principle balance went from $221,000 to $73,000. The interest rate went from 9.9% to 3.34%. This all resulted in a principle and interest payment that went from $1,923.13 per month to $391.81!

As always, I have uploaded the loan modification agreement for all to see.

If you are a Florida homeowner that is in foreclosure or simply can not afford your mortgage any longer, be careful who you get involved with. I have seen countless people in hot water because they received the wrong advice. You need to find a foreclosure lawyer that has a proven track record of fighting for homeowners facing foreclosure. We have appointments available in Broward, Miami-Dade, and Palm Beach counties.

Our consultations are always free and our plaintiff consumer cases are done on a contingency fee basis, meaning there are no fees or costs unless we are successful. Call us today at (844) 344-4813.

This was not an easy one to accomplish (then again, are there any easy solutions for homeowners?). What made this one so hard is this poor client lost her husband and he was the only borrower on the loan. It was difficult to do anything because the widow was not on the loan. In the end, we were able to work it out, but it was tough. This is one of the best modifications I have ever seen.

The client did not make a payment for over 5 years. The bank paid $33,120.46 in taxes and insurance for the borrower. The total amount due as on March 1, 2012 was $266,296.36. This amount was reduced to $84,000! The interest rate was variable from between 6.3% to 13.3%. The new rate is 3.36 fixed! The principle and interest payment went from $1,104.87 to $439.47. What makes this even more incredible is that the client did not make a payment for over 5 years and the bank laid out over $33,000 in taxes. Even after all of that, the payment was reduced by about 70%.

No one can ever guarantee results like this, but if you want a chance to save your home, you need a lawyer that litigates and that does bankruptcy, short sale, foreclosure defense, loan modification, and sues the bank. You have almost no chance of getting these results by hiring someone who will do nothing but delay your case. This is what many law firm do, unfortunately.

We offer free consultations with our foreclosure attorneys in Broward, Miami-Dade, and Palm Beach with appointments available in Plantation / Fort Lauderdale, Delray Beach, North Miami Beach, and Coral Gables.

It just doesn’t get much better than this. (Don’t flame me about a free house being better please). This foreclosure client had a total amount due of approximately $241,000 on her mortgage. She was put into foreclosure in 2009. Our foreclosure lawyers have been working on her file since the beginning of 2010. The bank finally relented and the principle balance on her mortgage was reduced to $50,000! That is almost an 80% reduction in the client principle.

The new mortgage payment on this property is $228.12! Not too shabby and kudos to our litigation team and modification teams. Results like this can never be guaranteed and every case has different facts, but if you want to have a chance of getting a modification like this, you need to fins a foreclosure defense lawyer who knows how to litigate a case.

At Loan Lawyers, we have decades of combined legal experience and we are ready to fight the bank for you. You need to to take the first step and call us. We offer free consultations with our foreclosure and modification lawyers in Broward, Miami-Dade, and Palm Beach counties. Put our foreclosure defense and loan modification experience to work for you.

Once, one of our foreclosure defense clients really wanted to save their home, but unfortunately didn’t have enough income for a loan modification. Client worked with us on a modification, but was eventually denied due to lack of income. The Client would need an additional $4000.00 a month to qualify, which was not feasible for her. Since the client had equity in the property she began working on selling it as a last resort, but ultimately wanted to retain the property.

The case eventually became at issue and set for trial on 3 separate occasions. After discussing the risks involved with fighting the trial, the client ultimately decided that she wanted to fight. We proceeded with the trial, and were able to convince the Court that the Plaintiff failed to state a cause of action in their complaint. The original complaint alleged a default date of 9/1/12, while the pay history showed that payments were made, accepted, and applied, thus pushing the actual default date to 12/1/12. The client was extremely happy to hear the good news. Another hard fought case where Loan Lawyers was victorious in saving our client’s home.