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Can a loan modification plan stop foreclosure?

April 26, 2017foreclosure loan modification Plan

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Can a loan modification plan stop foreclosure?

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Yes. If a person qualifies to modify an existing loan it is a great step towards avoiding foreclosure and getting back on track financially. A loan modification can bring an existing mortgage up to date immediately so that it is no longer past due. To learn more about whether or not a loan modification may work to stop foreclosure, please contact an attorney at one of our law offices located Liberty or Houston, Texas today.