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Taxes and Accounting News
Loss Mitigation Helps People to Keep Their Homes
Edited by Liisa Sullivan
Thu, 11 Jun 2009, 17:20:45 EDT
TAMPA, Fla., June 11 (SEND2PRESS NEWSWIRE) -- Home foreclosures continue to rise and people continue to lose their
jobs. That's why Campbell Law Firm, P.A., one of the nation's leading loss mitigation law firms, is making every effort to help
people stay in their homes, primarily through loan modifications. These modifications reduce a homeowner's monthly
mortgage payment and stop a pending foreclosure.
The pressure of high mortgage payments or a looming foreclosure can be overwhelming,
only making it more difficult for homeowners to focus on an effective and practical plan.
And, without clear thinking and some expert guidance, people who seek to avoid
foreclosure on their own, may find themselves in even more trouble than they were before.
The staff at Campbell Law Firm holds their client's hand every step of the way.
And, while no two situations are alike, the Loss Mitigation Team at Campbell Law Firm
works with people to find the best possible solution that will allow them to keep their home.
"Timing is imperative," Jan Rhodes, director of operations, Campbell Law Firm, says. "The
sooner people decide to get help, the sooner we can help them to avoid foreclosure and
begin developing a plan that is fiscally responsible, effective and realistic."
Rhodes adds that loss mitigation is a non-legal function, so it does not matter where the home is located; Campbell Law Firm
services all states.
So, what can a client expect? First, clients are interviewed to ensure they qualify for a loan modification. Staff then reviews
available loan modification programs and foreclosure prevention options in addition to providing expense counseling.
Ultimately, they work to create a positive cash flow.
"Our focus is on the client," Rhodes explains. "Our customer management system and weekly client conta