Seattle, WA. (PRWEB) February 08, 2013
Advantage Legal Group is supplying 3 Seattle area Foreclosure Defense Seminars in February. The Seattle Foreclosure Defense Seminars will cover foreclosure defense methods, mortgage mediation, deed in lieu of foreclosure, mortgage modification, real estate short sales and the Washington State Foreclosure Fairness Act.

Seattle homeowners facing foreclosure can attend a single of three Seattle area informational seminars to find out about the possibilities accessible in Washington State.

Seattle Area Foreclosure Defense Seminar Schedule for February 2013:

Bellevue: Saturday Feb. 16th from ten:00 AM to Noon – Coast Bellevue Hotel – 
625 116th Ave NE, Bellevue,WA. 98004

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

Tacoma: Wednesday Feb. 20th from 7:00 PM to 9:00 PM – Higher Tacoma Convention and Trade Center – 1500 Broadway, Tacoma, WA. 98402

People facing foreclosure in Seattle or pondering about filing for bankruptcy are encouraged to attend this seminar to learn about all the alternatives in Washington State ahead of producing a decision.

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 wonderful quantity of his customers are acquiring modified loans via the mortgage mediation approach below 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 program following Nevada and Maryland. Although the law has been in effect since 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, gives distressed property owners operating with an attorney or housing counselor, the right to an in-person mediation approach to steer clear of foreclosure of their main residence. Property owners can’t request mediation themselves and need to request it by means of an lawyer or housing counselor. A lot of smaller banks and credit unions are exempt if they had significantly less than 250 foreclosures in the state in the earlier year.

Numerous distressed property owners have observed dramatic reductions in their monthly loan payments. Smith says Of course it is dependent on the clients scenario, but we are frequently capable to bring a customers loan, that is months or even years behind, existing and lengthen their loan period out to 40 years in a totally amortized loan. Mr. Smith routinely attains these results for his clientele. It is not unusual for my clientele loans to be recast at rates as low as two% interest rate says Seattle Lawyer Jonathan Smith.

Advantage Legal Group is a debt relief agency specializing in foreclosure defense and bankruptcy services below the bankruptcy code. Advantage Legal Group has two Seattle area offices in Seattle and Bellevue, Washington.