Bellevue, WA. (PRWEB) April 03, 2013
Advantage Legal Group is offering 3 Seattle region Foreclosure Defense Seminars in February. The Seattle Foreclosure Defense Seminars will cover foreclosure defense strategies, mortgage mediation, deed in lieu of foreclosure, mortgage modification, actual estate short sales and the Washington State Foreclosure Fairness Act.

Seattle home owners facing foreclosure can attend a single of 3 Seattle location informational seminars to understand about the options offered in Washington State.

Seattle Location Foreclosure Defense Seminar Schedule for April 2013:

Lynnwood: Monday April 15th from 7:00 PM to 9:00 PM – Lynnwood Convention Center 3711 196th St. SW Lynnwood, WA. 98036 
Tacoma: Wednesday April 17th from 7:00 PM to 9:00 PM – Greater Tacoma Convention and Trade Center – 1500 Broadway, Tacoma, WA. 98402
Bellevue: Saturday April 20th from ten:00 AM to Noon – Coast Bellevue Hotel – 
625 116th Ave NE, Bellevue,WA. 98004
Individuals facing foreclosure in Seattle, Bellevue or Western Washington, or pondering about filing for bankruptcy are encouraged to attend this seminar to find out about all the choices in Washington State prior to generating a choice.

Space is restricted so attendees are encouraged to pre-register at the Benefit Legal Group web site.

Jonathan Smith, whose firm serves most of Western Washington, notes that a excellent quantity of his consumers are obtaining modified loans through the mortgage mediation approach beneath the Washington Foreclosure Fairness Act. (FFA) which gives the homeowner facing foreclosure the right to force their bank to the mediation table. Washington State was the third state to implement such a foreclosure mediation plan following Nevada and Maryland. Although the law has been in effect given that July 22, 2012, it is estimated that significantly less that ten% of these eligible have availed themselves of the plan to date.

The so named Foreclosure Fairness Act, provides distressed property owners operating with an lawyer or housing counselor, the correct to an in-individual mediation method to steer clear of foreclosure of their primary residence. Property owners can’t request mediation themselves and must request it by means of an attorney or housing counselor. A lot of smaller sized banks and credit unions are exempt if they had significantly less than 250 foreclosures in the state in the previous year.

Several distressed home owners have seen dramatic reductions in their month-to-month loan payments. Seattle bankruptcy lawyer Smith says Of course it is dependent on the consumers circumstance, but we are often able to bring a customers loan, that is months or even years behind, current and lengthen their loan period out to 40 years in a completely amortized loan. Mr. Smith regularly attains these benefits for his consumers. It is not uncommon for my clients loans to be recast at rates as low as two% interest rate says Seattle Attorney Jonathan Smith.

Advantage Legal Group is a debt relief agency serving Seattle, Bellevue and Western Washington. Benefit Legal Group specializes in foreclosure defense solutions, bankruptcy, mortgage mediation, mortgage modification and true estate quick sales.