Seattle, WA. (PRWEB) March 01, 2013
Advantage Legal Group is offering three Seattle region Foreclosure Defense Seminars in March 2013. The Seattle Foreclosure Defense Seminars will cover foreclosure defense techniques, mortgage mediation, deed in lieu of foreclosure, mortgage modification, real estate brief sales and the Washington State Foreclosure Fairness Act.

Seattle home owners facing foreclosure can attend one particular of three Seattle location informational seminars to find out about the choices accessible in Washington State.

Seattle Area Foreclosure Defense Seminar Schedule for March 2013:

Bellevue: Saturday March 23rd from 10:00 AM to Noon – Coast Bellevue Hotel – 
625 116th Ave NE, Bellevue,WA. 98004

Lynnwood: Monday March 18th from 7:00 PM to 9:00 PM – Lynnwood Convention Center 3711 196th St. SW Lynnwood, WA. 98036

Tacoma: Thursday March 21st from 7:00 PM to 9:00 PM – Higher Tacoma Convention and Trade Center – 1500 Broadway, Tacoma, WA. 98402

Individuals facing foreclosure in Seattle or considering about filing for bankruptcy are encouraged to attend this seminar to find out about all the possibilities in Washington State just before creating a choice.

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

Jonathan Smith, whose firm serves most of Western Washington, notes that a fantastic quantity of his consumers are getting modified loans by way of the mortgage mediation procedure beneath the Washington Foreclosure Fairness Act. (FFA) which offers 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 program soon after Nevada and Maryland. Although the law has been in impact because July 22, 2012, it is estimated that less that 10% of these eligible have availed themselves of the plan to date.

The so named Foreclosure Fairness Act, gives distressed home owners working with an attorney or housing counselor, the proper to an in-person mediation procedure to stay away from foreclosure of their main residence. Property owners can’t request mediation themselves and should request it through an lawyer or housing counselor. Numerous smaller banks and credit unions are exempt if they had less than 250 foreclosures in the state in the previous year.

Many distressed home owners have seen dramatic reductions in their monthly loan payments. Smith says Of course it is dependent on the clientele scenario, but we are often able to bring a customers loan, that is months or even years behind, existing and lengthen their loan period out to 40 years in a fully amortized loan. Mr. Smith frequently attains these final results for his clients. It is not unusual for my clientele loans to be recast at prices as low as two% interest price says Seattle Attorney Jonathan Smith.

Benefit Legal Group is a debt relief agency specializing in foreclosure defense and bankruptcy solutions below the bankruptcy code. Advantage Legal Group has 2 Seattle location offices in Seattle and Bellevue, Washington.