SOURCE: American Residential Law Group

American Residential Law Group

March 31, 2010 06:00 ET

American Residential Law Group Announces Foreclosure Not Homeowners' Only Option

American Residential Law Group Has Today Announced That Foreclosure Is Not the Only Option for American Homeowners

FORT LAUDERDALE, FL--(Marketwire - March 31, 2010) -  American Residential Law Group, an industry-leading firm dedicated to protecting the interests of homeowners, has today announced that American homeowners facing foreclosure have more options available to them. Foreclosure is a terrifying prospect, with an enormous impact on all areas of life. However, homeowners need not suffer through this process.

American Residential Law Group stresses the availability of mortgage loan modification plans for homeowners in dire financial straits. These programs are designed to provide homeowners with surcease in the face of economic turmoil, real estate devaluation and a reduction in earning potential. Through home loan modification programs, homeowners can reduce their mortgage payment to 30% of their gross monthly income. In addition, this can be done without forcing the homeowner to file for bankruptcy, to undergo foreclosure or any other painful process.

Finally, American Residential Law Group also points out that this process is available to all qualifying homeowners, including those currently facing foreclosure and those embroiled in the painful process. Other options are also available, including legal options made available through the Federal Truth in Lending Act. These options can be used to stop foreclosure and engender a favorable settlement for the homeowner, even if it seems that foreclosure is the only choice possible.

American Residential Law Group urges any homeowner facing the horrifying prospect of losing their home to contact a qualified attorney as soon as possible. Time is of the essence here, but help is available. No one should be forced to lose their home due to the vagaries of economic upheaval or due to predatory, unethical lending procedures utilized by so many lending institutions in the US.

To learn more about home mortgage modifications and how American Residential Law Group can be of assistance to you, visit them at http://www.ARLGNow.com.

About American Residential Law Group: American Residential Law Group is a law firm that strives to provide the community with legal assistance and all the benefits to which consumers are entitled under the law.

Contact Information

  • Contact:

    Name: American Residential Law Group
    Address: 6245 S Federal Hwy #401
    Fort Lauderdale, FL, 33308
    Phone: (877) 236-6576
    Web Address: http://www.ARLGNow.com