Costa Mesa (PRWEB) April 9, 2010
Mesa Law Group, an innovative California-primarily based law firm with specialty financial solutions has created a new Lien Elimination program to assist residence owners facing foreclosure or financial hardship due to hard financial instances. With robust initial response from clients, Mesa is able to challenge and get rid of liens or other encumbrances against an individual which in a lot of instances consists of the removal of a second mortgage lien.

For homeowners, the outcome is the elimination of a second mortgage with out penalty from the lender or IRS for taxes. In the approach the individual keeps their home and allows for repayment by means of decreased payments, lowering the time needed to rebuild credit, and saving as much as 3 occasions the cost in interest savings. Although bankruptcy is usually regarded as taboo right now, a Chapter 13 or Property owners Bankruptcy is often the greatest answer for these in hardship due to the economy. As an instance, a homeowner with a $ 500,000 mortgage where the property is now only worth $ 200,000 and a $ 100,000 second mortgage, Mesa is in a position to negotiate the removal of the second mortgage so that the initial mortgage can be successfully modified to stay away from foreclosure.

In the words of Mesa client Donovan T., When I came to Mesa Law I initially intended on hiring the firm to assist us with the restructuring of our first mortgage but soon after spending time with our counselor and the attorney staff we agreed that a bankruptcy would aid our family more than a modification of our loan. We had a pretty great price on our loan and the counselor we spoke to informed us that it wasn’t our mortgage that was a difficulty it was our debt. At the finish of 3 years my credit card debt and second mortgage will be gone for great finally. Thank you to the Mesa Law Group.

Even with the assist provided by the Government and a loans getting modified for years, property owners are nevertheless in economic difficulty. Mesa Law utilizes bankruptcy as a tool backed by expert insight to help home owners in need. By focusing on the specific challenges of those facing foreclosure and bankruptcy Mesa Law Group is possessing accomplishment exactly where other mortgage and legal experts run out of alternatives, stated founder and President Paul Peterson.

About Mesa Law Group
Mesa Law Group is a legal corporation supplying specialty financial services. Mesa helps borrowers navigate bankruptcy, home owners avoid foreclosure, mortgage brokers to give consumers much more possibilities, and protect these in need of legal representation. An innovator in the industry, the organization has created the Forensics Loan Audit and other exclusive programs that empower borrowers and those with economic hardship. Offering detailed financial evaluation backed by legal counsel, Mesa Law group applies traditional and more modern alternatives such as Bankruptcy Protection, Debt Restructuring, and Lien Elimination to find the ideal resolution for every single client.

For more data check out our site: http://www.mesalawgroup.com

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