I frequently receive request from homeowners for assistance in negotiating a modification of their home mortgage to avoid foreclosure. I have usually advised people that they should themselves contact their mortgage lender to see if the lender can offer a modification of payment or interest amounts to avoid foreclosure. It is usually very expensive to pay their attorney hourly to conduct explore and negotiate with a mortgage lender to modify a mortgage loan. Loan modification and mortgage assistance is generally not a legal issue; the lender legally can refuse or grant changes in a private mortgage in the lender’s discretion.
However, I have just recently become of aware of as free source of attorney help in dealing with mortgages. The Florida Bar has found a group of attorneys around the State who are offering to consult with financially distressed homeowners and to help the homeowners deal with their mortgage lenders prior to foreclosure.
The Florida Bar, its Business Law Section, and its Young Lawyers Section have made the following announcement.
“We have established a Statewide toll-free telephone hotline to help homeowners who are not in foreclosure, but fear the possibility of foreclosure. Homeowners are urged to call the Hotline on complete and on-line intake form on The Florida Bar’s website www.floridabar.org or by calling 866-607-2187. The caller will answer a few initial questions to ensure accurate placement with a pro bono attorney by Florida Legal Services. That attorney will in turn negotiate with the Lender on behalf of the client with the hope of creating a relationship where the Lender and the client can together create a loan that allows the client to remain in the home thus avoiding foreclosure – a win-win situation for all involved.”
People who think that an attorney could help them save their home from foreclosure should take advantage of the generous assistance from the attorneys working with the Florida Bar program.