California Debt Relief Attorney

The Law Offices of New Horizon & Associates, LLP

Attorneys at The Law Offices of New Horizon & Associates, LLP negotiate loan modifications for clients who have suffered financial hardships and are threatened with foreclosure. We understand how critical your home is to the welfare of your family. As your advocates, we will do all we can to help you save your home, including use of the California mortgage modification law. 

A new California mortgage modification law passed in 2008 (CA Civil Code 2823.6(b)) provides a powerful Foreclosure Defense tool our lawyers may be able to use on your behalf. Under this mortgage modification law, California requires a residential lender to accept a loan modification in any case which meets the following criteria:

• The homeowner has defaulted on payments.
• The lender will recover more under the loan modification or workout plan than through through foreclosure on a net present value basis.
• The home mortgage loan was made between January 1, 2003, and December 31, 2007.

California Loan Modification Attorney

If circumstances beyond your control, such as loss of a job or rapidly rising interest rates on an adjustable rate mortgage (ARM), mean you have missed payments on your loan, your lender may have already begun foreclosure proceedings. Our mortgage modification lawyers will explain whether you have a right under California law to force the lender to negotiate a mortgage modification.

For guidance each step of the way and help ensuring your rights stay protected, contact our law firm to schedule an initial consultation. (877) 306-6343 or please fill out the following form and we will contact you as soon as possible!