Canton, OH (PRWEB) January 4, 2010
American Residential Law Group, the Ft. Lauderdale-based law firm reports that it has observed record increases in residence loan modifications in the final quarter 2009, October via December.

American Residential Law Group is a law firm that advocates for Americans facing bankruptcy, foreclosure, and property mortgage loan modifications.

“Mortgage modifications are set up to help property owners that are facing foreclosure,” says Joel Jacobi, founder and lead lawyer for ARLG. “Foreclosure is extremely costly to both the bank and the homeowner. No one wins. We work to delay foreclosure, to renegotiate the mortgage with the bank, so that a homeowner can remain in his or her house and so that a bank does not have the burden of but yet another foreclosed residence.”

Jacobi’s law firm requires a exclusive strategy to these loan modifications. “Most loan modifyers were former mortgage brokers,” he mentioned. “We are attorneys with 12 years experience defending homeowners and were never in the company of promoting mortgages. Home owners trust us for that very explanation.”

American Residential Law Group processed much more mortgage loan modifications in the fourth quarter of last year than any other quarter thus far. Yet regardless of their record enhance in residence loan modifications made to avoid foreclosures, foreclosures in the U.S. nonetheless hit an all-time higher in 2009.

“This indicates to me that there are several home owners who aren’t aware that there may be loan modifications offered to help them,” Jacobi said.

To accomodate the increase in residence loan modification demand, American Residential Law Group has expanded into larger offices in Fort Lauderdale and has hired extra attorneys to deal with the improve in loan modification circumstances.

American Residential Law Group is a extremely-regarded law firm that specializes in foreclosure prevention and litigation. It serves consumers across the United States from its offices located in Fort Lauderdale, Florida. They can be reached by calling (877) 236-6576 or by going to arlgnow.com

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