
March 18, 2010 - Washington, D.C. - The Home Affordable Modification Program, or HAMP, was created to assist homeowners in paying for their mortgage by lowering their monthly payments.
According to Housing Watch, many lenders may "play along" and act like they are interested in helping struggling homeowners save their property, but they will eventually go ahead with foreclosure; often with little, or no, warning. This is because banks claim that it is better for them to simply foreclose on a person's home than allow to a homeowner to make smaller payments.
HAMP is supposed to prevent lenders from perpetuating these types of wrongful bank foreclosure, but many borrowers still find themselves unexpectedly homeless. Because of the current high number of wrongful bank foreclosures, some borrowers have fought back by securing legal assistance in an effort to keep their lender from ignoring their pleas for assistance. Some homeowners have been able to save their property with the help of a lawyer, as they were persistent, knew their rights, and made themselves heard.
Right here in Massachusetts, homeowners are taking on such giants as Bank of America and Wells Fargo for not following through on their word. Many borrowers in California have also sued and many have been successful in keeping their homes.
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.
Let our legal experts review your case, and we'll help you obtain the compensation you deserve. Begin your case review by filling out the form below:
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