Reclaim Your Life
Your Mission is Our Mission
Is your property under water, experiencing a cash flow crunch, and you don’t know where to turn? Whether you are the owner of a shop, office building, apartment complex, warehouse, or other commercial property, you are facing a financial crisis that needs to be dealt with as soon as possible.
Avoid foreclosure and get back on track. Billions of commercial loans are in default across the country and banks need to negotiate and restructure loans.
Let our experienced attorneys do a free evaluation of your situation and recommend the best path for relief. We have assembled a team of experienced professionals who concentrate exclusively on commercial loan modifications and alternative strategies to help you manage your property and avoid financial drain or foreclosure.
The key to successful resolution is to provide your lender with a win-win strategy and to address all possible outcomes. In turbulent times, skillful planning and negotiation is key. Don’t wing it or do it alone when so much is at stake.
Call for a free consultation today at 1-800-503-1125 to schedule a complimentary consultation with a Long Island commercial loan modification attorney about your legal options.
A commercial loan modification is entered into between you and your lender for the purpose of changing your current loan terms. In such a modification, the terms will be changed to more favorable ones that are more affordable thus allowing you to get back on track financially.
Modifications can include:
The best time to approach this process is before you become delinquent on your commercial loan so that you do not begin in arrears. Your first step would be to ensure that you thoroughly understand the existing terms of your loan documents and the options that may be available to you.
You will also need to figure out what term modifications will make it possible for you to keep up your payments while you continue your commercial operations. This all requires basic financial groundwork done so that you can negotiate the best deal.
In approaching your lender, you will have to demonstrate that the change in terms you seek will give your company the relief it needs to raise income and keep up or restore loan payments. Whether your negotiation with the lender works and the modification is approved will depend on various factors such as your credit and payment history, your equity in the property, your projections for future success, and more.
Putting together all this information and documentation can be a complex process which is why it is important to work with an attorney who is experienced in the process.
At Fine Law Offices, we can help ensure that you understand your current terms, help you determine what new terms would work for you, help you prepare the documentation needed to show your lender that you will be able to meet the new terms, and create a comprehensive proposal for presentation.
Once this groundwork is done, we can use our experienced negotiation skills with your lender on your behalf. Where new terms are successfully negotiated, we can thoroughly review all loan modification documentation and advise you so that you understand all of your new rights and obligations.
Our firm has successfully negotiated more than 7,000 loan modifications for clients throughout the Tri-State area over the many decades since our inception in 1977. Let us put our extensive experience to work for you.
Our experienced Long Island commercial loan modification law firm is standing by. Contact us at 1-800-503-1125 to get started today.
“Thank you so much for your help and patience with our account.”
-Jacob A.
“Our representative was very knowledgeable, no nonsense, and patient and has been there every step of the way.”
-Julia C.
“I would recommend to anyone needing an attorney for Financial, Bankruptcy, Tax issues.”
-Steven C.
“I found them to be very professional, courteous and expeditious in their dealings with me.”
-Josh B.
“My friend referred me to this firm and they were able to modify my mortgage in 2 months.”
-Nick B.
Save Your Home, Reclaim Your Life
We understand that a lack of funds led you to this situation so you can pay your legal fees in three installments.
You can have peace of mind and a roof over your head while we handle everything for you. You can go about your life without worrying about the possibility of having to move house.
A Fine Law foreclosure attorney can help you to avoid owing any outstanding monies beyond a foreclosure.
Our foreclosure attorneys will know the most appropriate course of action you should take. We have an impressive success rate when it comes to stopping foreclosures, saving our clients $34 million cumulatively along with all the heartache saved along with their homes.
We are dedicated to protecting hardworking people here on Long Island from unscrupulous mortgage lenders, banks, and attorneys who exploit vulnerable people experiencing financial crises. We know exactly how to combat the underhand tricks they employ by fighting back legally.
You won't have any contact with your creditors as they are required by law to speak to the foreclosure attorney.
Your Mission is Our Mission
Call us at 1-800-503-1125 to speak with an attorney and reclaim your life. Our consultations are free.
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