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Who qualifies for a loan modification?

by mannie castillo | Nov 4, 2017 | Frequently Asked Questions

Anyone that is having trouble paying his/her existing loan may qualify for a loan modification. In today’s housing market, banks are willing to work with mortgage holders who are having trouble paying their mortgage. However, homeowners with a high probability of...

Why will a loan modification work for me?

by mannie castillo | Nov 4, 2017 | Frequently Asked Questions

The government has asked for ALL lending banks to help in the foreclosure epidemic and modify mortgages for all troubled homeowners. Going to your lender with the representation of an Attorney will make a scary process seem simple.

What is the difference between a Debt Resolution Program and Bankruptcy?

by mannie castillo | Nov 1, 2017 | Frequently Asked Questions

With a debt resolution program your debts will be combined with one monthly program payment but your debts are negotiated for less than what you owe. The average settlement ranges between 40-60% debt reduction on completed settlements. In most cases, you may complete...

Is it possible to negotiate my debts on my own?

by mannie castillo | Nov 1, 2017 | Frequently Asked Questions

While it’s difficult to negotiate your debt on your own, it is possible.  Financial Rescue, LLC (FRLLC) and its affiliates have the expertise and the knowledge to handle such matters and can guide you in the right direction.  FRLLC will review and discuss with you...
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