Testimonials

"I sent this letter certified after receiving the free guide [from] Phillips & Garcia P.C. Saved Foreclosure. Thanks a million!" A.D. from Colorado
After seeing first hand what you are up against concerning the big banking companies, we are even more amazed that you are willing to fight the fight. The little guy needs your help and your fearless attitude. You are good people and true Americans. We are honored to be called your friends. R.R. - Mich., Lockout & Trashout Victim
The attorneys were very professional and I felt as though they always had my best interest in mind. Without them I would have been pushed around and just another number to the bank. N.L., Wrongful Lockout Victim
Thank you Mr. Phillips. If we hadn't found you the [Bank] would have foreclosed on our property and I can't imagine the misery that they would have caused. S.N. - Arizona

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Is There an Upside to Foreclosure Prevention Programs?

March 29, 2010 - Washington, D.C. - Homeowners who are in danger of losing their homes to bank foreclosure might view foreclosure prevention programs as an opportunity to stop foreclosure in its tracks. Sadly, this is not always the case.

USA Today reports that mortgage programs are often aimed at giving homeowners a chance to make a lower payment for 3 to 6 months. This may be helpful for those looking to get back on their feet after a job loss. However, if they do not find a job during that time, they may very well face foreclosure after the forbearance period ends.

Additionally, not every lender or bank will adhere to the goals of the program, which means that many homeowners will not be helped in the way that they are supposed to be helped. Some lenders will go ahead with a wrongful bank foreclosure even after the homeowner begins communicating with them on how to institute a lower payment system.

One of the few upsides that seems evident from programs like Home Affordable Modification Program (HAMP) is that it delays foreclosure on a national level. That means that while it seems there are less foreclosures currently taking place, they have simply been delayed for a few months while homeowners enroll in foreclosure prevention programs.

The advantage of spreading out foreclosures is that home prices will not drop as drastically as they would if all the homes were placed on the market at once.

If you have been taken advantage of by a lender who said they would help you with a loan modification program, only to start the process of a wrongful bank foreclosure, you may be eligible to file a wrongful foreclosure class action lawsuit.

The Massachusetts wrongful foreclosure attorneys at Phillips & Garcia will fight for your rights in your foreclosure case. We are committed to protecting your best interests and your family's home and helping you collect the damages you need and deserve to move on with your life. Contact Phillips & Garcia today to schedule your FREE legal consultation - (877) 892-5620.

Legal Help for Wrongful Foreclosure and Seizure in Any State. Phillips & Garcia, P.C., a leading law firm in wrongful foreclosure and seizure cases, is now taking cases in any state where there has been a wrongful foreclosure, lock-out and trash-out of a borrower's home. We are licensed in Massachusetts and associate with a qualified attorney in your state.