Milwaukee Mortgage Modification Lawyer
Serving Throughout Milwaukee County, West Allis, Greenfield, Wauwatosa, New Berlin, and Brookfield
If you have been struggling to modify your home mortgage on your own, this may be the program for you. Instead of spending weeks getting the runaround from your mortgage company and hopelessly trying to get to speak to a mortgage representative on your own, the court will connect you directly to a representative who can modify your loan in a forum created by the U.S. Bankruptcy Court.
Call (888) 298-1041 or contact us online to set up an free initial consultation!
How Can You Use Bankruptcy To Modify Your Mortgage?
The U.S. Bankruptcy Court for the Eastern District of Wisconsin recently established the mortgage modification mediation program to help borrowers in bankruptcy modify their mortgages.
This process works in the following way:
the court appoints a mediator who then sets up a meeting between the lender, the lender's attorney, the borrower, and the borrower's attorney for the purpose of seeing if a permanent loan modification can be reached. Typically, these modifications are effective in settling mortgage defaults and - in many cases - lowering the monthly mortgage payment.
Requirements for participating in the mortgage modification mediation program:
- You must be eligible for Chapter 13 bankruptcy
- You must be seeking to modify a mortgage on your primary residence
- The balance on that mortgage must be under $729,750
- You must continue to pay mortgage payments while the modification is pending. You can pay an amount equal to 31% of your monthly income or 75% of the amount of your current mortgage payment, whichever is less.
- You must pay a one-time filing fee, in addition to your bankruptcy fee
Trusted Mortgage Modification Attorney in Milwaukee
As your attorney, I will be your advocate throughout the entire process of mortgage modification. You won't need to worry about all the confusing forms, as my team will complete and file all of them for you and will make sure you comply with all the important deadlines.
If you are looking for an experienced Milwaukee bankruptcy lawyer, Sapinski Law Office, S.C. is here for you. I have helped thousands of individuals throughout the state of Wisconsin and am prepared to do the same for you.
We have locations in the following areas:
- Milwaukee
- Elm Grove
- Appleton
We serve clients in the following areas:
- Milwaukee County
- West Allis
- Greenfield
- Wauwatosa
- New Berlin
- Brookfield
For more information, call (888) 298-1041 or contact us online to set up a free consultation. Our bankruptcy attorney serves Milwaukee County and surrounding areas!
About Our Firm
Introduction to Sapinski Law Office
Get to know Attorney Sapinski and how he will work with you to achieve a better financial future.
Reasons to Choose Us
We want you to make a fully-informed decision before filing. Learn more about your debt relief options today.
Trusted & Recommended
Client Testimonials
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"If you are in need of legal assistance in the area of debt relief or bankruptcy, I would highly recommend Andrew Sapinski."
After many years of trying to cope with the financial burdens of a single mother of two, my current strategies were no longer ...
V.S. -
"You definitely took away a lot of the pain."
Thank you again for your help with handling my 'long overdue credit situation' this past year. You definitely took away a lot ...
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"I would recommend Sapinski Law Office, S.C. to anyone facing bankruptcy."
I would recommend Sapinski Law Office, S.C. to anyone facing bankruptcy. They handled my case professionally, ...
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"Thank you for your time and effort."
On your advice, we did credit counseling. The outcome was we are on the right trackā¦..and we have decided not to pursue ...
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"I was very pleased with the professional services I received from Mr. Sapinski and his law firm."
I was very pleased with the professional services I received from Mr. Sapinski and his law firm. I was not sure what to ...
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"Sapinski Law Office, S.C. is a place I highly recommend for people truly in need of help with their debt."
Sapinski Law Office, S.C. is a place I highly recommend for people truly in need of help with their debt. I was extremely ...
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Mr. Sapinski is very friendly and nice to work with. He takes time to explain everything very well. I would recommend him to ...
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"We have been glad to have him take us through this process."
Bankruptcy was a difficult stress filled decision. Mr. Sapinski was very supportive and understanding and put our minds at ...
P.K. & M.K.