Extended Beach, CA (PRWEB) May 4, 2009
Consumer advocate and Loan Modification Lawyer, Joseph Hoats, announced today the launch of his new Homeowner Stability Resolution, available quickly for qualifying property owners at Homeowner Stability Loan Modifications. This cutting-edge system protects the rights of financially distressed buyers by minimizing month-to-month mortgage payments whilst avoiding the painful method of foreclosure. As opposed to refinancing applications, the resolution does not demand credit checks, higher FICO scores, appraisals, down payments or closing fees.

According to Mr Hoats, “Our typical client has seasoned some monetary hardshipa job loss, earnings reduction, divorce or health-related problem that makes it hard to spend the monthly mortgage payment. In some circumstances, the mortgage might have adjusted to a higher interest price. Furthermore, the property worth could have dropped substantially while the present economic crisis has brought on the homeowner to miss one particular or much more loan payments. These are very good, hard-working, family-oriented Americans who have fallen on tough times, by means of no fault of their own, and they need compassion, support, and a legal game strategy to save their property”.

As soon as a client has qualified, a custom Homeowner Stability Remedy is initiated, working out the client’s legal rights and dealing directly with the lender’s legal department. Nearly instantly, the client will note that harassing phone calls cease, as Lawyer Hoats takes more than direct make contact with with all lenders encumbering the house. With an Attorney involved, the lenders take the client’s Loan Modification request seriously, as the Home Stability team critiques all original loan documents to identify lending violations and predatory lending practices. As Joe Hoats says, “Our job is to leave no stone unturned, as we safeguard the rights of our clientele. As a outcome, the outcome is often amazinglower payments, fixed terms, back payments and penalties usually forgiven, plus no charges or finance charges”.

With the recent announcement of President Obama’s $ 75 billion Loan Modification strategy, the Homeowner Stability and Affordability Initiative, Lawyer Hoats believes the want for customer legal help has turn into even far more pronounced. Hoats commented, “While we welcome new efforts by the President and Congress to address the foreclosure dilemma, the Homeowner Stability and Affordability Initiative falls short, simply because it does not mandate that a lender do something to support the customer in distress. With out legal representation, customers will continue to be manipulated and mislead by lenders and collection agents. Residence Stability is focused on solutions that are in the ideal interest of the consumer, not the lender’s very best interest.”

Extra information about Joseph Hoats and qualifying procedures for the new Homeowner Stability Answer are available at Homeowner Stability Loan Modifications.

About Joseph Hoats

With more than 20 years of encounter as an Attorney, Joseph Hoats has worked for the rights of the consumer all through his profession. Working together, his team of committed experts has perfected the Loan Modification process with the introduction of their proprietary Homeowner Stability Solutiona systematic method responsible for maintaining hundreds of distressed Property owners in their homes and avoiding foreclosure. In addition to Lawyer Hoats, his team of leading-flight specialists contains licensed real estate brokers, mortgage brokers and owners of mortgage servicing organizations.

Joe is a graduate of Vanderbilt University and has practiced law for more than two decades. He has litigated in the regions of True Estate Law, Bankruptcy Law, Foreclosure and Loan Modification, Trust Law, Probate Law, Organization Law and has comprehensive encounter with Litigation in State and Federal Courts. He is an active member in very good standing with the State Bar of California, State Bar #141599.

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