About the Modifcation Process

	Information GatheringThis is where we gather all of your loan documentation and all of your income and expense information. Start today by completing our online application to the best of your ability.
	Loan Audit & Financial Review eModify provides best in class compliance services, undewriting services, audit services, and paralegal case management services.
	Supporting Legal Documents eModify will advise you of any missing documentation that may be required to complete your case file. You will need to contact your lender, your title, or escrow company in order to request any missing documantation that may be required to perfect your case file.
	Rate & Terms Lender Negotiation Negotiations will begin once your attorney has received a completed case file. The negotiation process will take 30-120 days, please remain patient as modification offers must be reviewed and negotiated until a viable offer is received from your lender.
	Delivery of Modification Solution Once your attorney has negotiated and you have an acceptable loan modification, the lender can take approximately 1 to 3 weeks to generate and deliver the necessary paperwork that will legally modify your loan.

Statement of Work

Our attorneys performs legal services for borrowers for a flat rate fee or for an hourly fee, typicall there will be a retainer collected to begin the process. Their are no standard fee's, any loan modification service varies based on current situation of the property such as receipt of a "Foreclosure" or "Trustee Sale" notice. Litigation services will be discussed on a case by case basis, and only your attorney can decide if litigation services are required.

At time of consultation, there will be no fees collected. Your file will be reviewed and your case analyzed as a loan modification candidate. However, a retainer agreement must be signed in order for any attorney to begin work. There are no implied guarantees that your lender will deliver a modification. Your attorney will be happy to discuss their historical success rates and past testimonials during your consultation.

No legal services will be performed on the Client’s behalf unless the Client elects to go forward with the loan modification, a Consultation has occurred, and a complete intake package has been submitted by the Client through eModify.

Our Legal Services Include

• Deliver Authorization to work with lender on behalf of Client.
• Prepare Qualified Written Request.
• Prepare a Legal Opinion Letter.
• Prepare Bankruptcy Petition, including such documents as: Voluntary Petition, Summary of Schedules, Actual Schedules, Forms, Statement of Intentions, Creditor’s Matrix, etc.
• Prepare foreclosure loss analysis for lender outlining expected losses of Foreclosure, Bankruptcy or Litigation processes may have on subject property.
• Negotiate potential loan modification on behalf of the Client with their lender.
• Draft, present and negotiate Client’s offer to accept reduced interest rate, reduced loan balance, hardship modification, forbearance agreement, or other workout solutions to mortgage lender or service provider.
• Review and revise, if necessary, modify documents and agreements to protect our Client.

Attorney's typically charge an additional fee for those files that are already in default or foreclosure and require immediate and expedited services. The additional fees will be as follows:

• Lender has filed a Notice of Default – Additional Fees Required
• Loan is in Foreclosure or Trustee Sale date has been set - Additional Fees Required (Only accepted at the discretion of Attorney)