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Toll Free: 877-389-5694

Law Offices of
David H. Sandler & Associates

Helping People With Debt Relief for 15 Years
Short Sales

Helping People With Debt Relief for 15 Years
Short Sales

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What Is Mortgage Mediation?

A home is the biggest purchase most of us will ever make. Consequently, a mortgage is the largest loan most people have to repay. And when money is tight, it can be difficult to make the mortgage payment.

If you have fallen behind on your mortgage or are facing foreclosure, you need help from an experienced attorney. It may be possible to avoid foreclosure through mortgage modification or mortgage mediation. I am attorney David Sandler. For 20 years, I have been helping people with debt problems. For a free consultation to discuss your situation, please call 877-389-5694 or contact me online.

Loan Modification

Depending on your financial situation, you may be able to modify your mortgage by refinancing it or extending the terms. This can reduce your monthly payments to allow you to keep paying the mortgage.

However, mortgage loan modification is not a simple procedure. People often have problems understanding the documents and loan terms. Sometimes, they have trouble working with their mortgage lender. When this happens, a lawyer can help with mortgage mediation.

Mortgage Mediation

In Maryland, a new law allows nonbinding mortgage mediation between homeowners and lenders. The lender is not allowed to foreclose on or sell your home during this process.

The mediation takes place in circuit courts and consists of a hearing before an administrative law judge (ALJ). A representative from your mortgage lender must appear at the hearing or be available by phone. Because your lender’s representative will be a trained professional, it is a good idea to have an attorney represent you. The ALJ will speak to both parties, review the mortgage documents and make a finding, which is persuasive, but nonbinding.

If you need assistance, please call 877-389-5694 to speak with a Landover mortgage mediation attorney today.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.