South Carolina Home Loan Modification

Bankruptcy is just one option at The Huggins Law Firm in Columbia and Charleston, South Carolina, and it is only used appropriate. We may use bankruptcy alongside other options, such as loan modification. Loan modification may also be an alternative to bankruptcy. With 18-plus years of debt relief experience, we know how to choose the right option for you.

When To Consider Loan Modification

Many people who come to us seeking debt relief are having problems with their home mortgages. Often, they have become trapped in an adjustable rate mortgage with terms that simply do not make sense based on their current income level. They may be having trouble keeping up with the interest, let alone the principal. Loan modification may help.

If a mortgage is the primary source of the debt problem, and there are few or no other debts, it may make sense to first attempt mortgage modification before filing bankruptcy. When you choose our law firm, you will work with an attorney who understands how to communicate and negotiate with lenders in pursuit of modified mortgage terms.

Perhaps a mortgage is one of many debt issues that you need to resolve, but you want to keep your house. We may recommend filing bankruptcy to address your other debt. Then we may attempt to modify your mortgage so that you will be able to stay current on payments.

While loan modification is typically used to change home mortgages, it may occasionally be employed to change other loan terms as well.

Learn More About Mortgage Modification With A Free Consultation

Call 803-764-1558 in Columbia or 843-509-0039 in Charleston or email to schedule a free consultation with one of our trusted lawyers.