Success Story

BANKRUPTCY

Imminent Foreclosure but Song Law Firm prevented it. 08/07/2017

Mr. Shim was served with foreclosure papers because he hadn’t paid his mortgage in over 20 months. He was terminated from the work and had much trouble in finding a new job. He came to Song Law Firm with his foreclosure papers.

Song Law Firm’s attorneys answered the summons with counterclaim against the bank immediately and recommended him to take a special foreclosure mediation program, which he accepted immediately. Song Law Firm’s attorneys were able to get an approval for his loan modification at an interest rate of 2%. His arrears were added to the balance of the loan and the loan term was extended.

He was happy with the results and one more thing: while the foreclosure claim was pending, he got a good job and was able to pay his modified loan. Congratulations!