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• "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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Breaking Legal News & Current Events

90,000 Homeowners Lose Federal Mortgage Aid

March 17, 2010 - Washington, D.C. - Even as financially troubled homeowners attempt to seek federal aid to save their homes from wrongful foreclosure, they may find that banks and lenders won't cooperate in the effort to modify loans to prevent foreclosure.

The Washington Post reports that about 90,000 people have lost their mortgage assistance, even though they were enrolled in the government's foreclosure prevention program. While some homeowners did not submit their paperwork on time, others will likely lose the aid due to factors beyond their control.

For example, many homeowners have been told by lenders that they have too high of income to qualify for the plan, or make too little to be able to afford even the reduced payments. These homeowners-who are trying desperately to save their homes from foreclosure-will likely be forced into foreclosure in the end.

The federal program encourages struggling borrowers to talk to their lender and enroll in the plan for 3 months. Once the homeowner pays the reduced price for 3 months, it is supposed to become permanent, but that does not always happen.

While some banks attempt to find other assistance programs for those who do not qualify for this specific plan, many lenders simply reject upside-down homeowners with little explanation. This is where the wrongful bank foreclosure nightmare begins for homeowners who are simply trying to save their homes from being taken away. 

The Massachusetts wrongful foreclosure attorneys at Phillips & Garcia will fight for your rights in your bank foreclosure case. We are committed to protecting your best interests 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.

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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. 

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