Mortgage Lenders Using Underhanded Strategy in Foreclosure

Mortgage Lenders Using Underhanded Strategy in Foreclosure-Image via Wikipedia

Atlanta bankruptcy attorneys at the Sandberg Law Firm are fighting an underhanded strategy used by mortgage lenders to foreclose on homeowners while going through the seemingly helpful process of developing a loan modification plan for a borrower. This process is “Double Tracking” by the lenders. Double Tracking sets up a virtual “Pearl Harbor Like” sneak attack on a borrower, because while the supposed loan modification is underway the lender’s attorneys are rapidly moving forward with the foreclosure process. The Sandberg Law Firm has established their own unique version of “Double Tracking” however, Sandberg Law’s “Double Tracking” is designed to counter lender foreclosure sneak attacks on borrowers.

Quote startBy using Georgia Chapter 13 filings, the Sandberg Law Firm’s Atlanta Bankruptcy Lawyers can use the power of the law to stop a lender’s foreclosure plans dead in their tracks.Quote end

Atlanta bankruptcy attorneys at the Sandberg Law Firm are fighting an underhanded strategy used by mortgage lenders to foreclose on homeowners while going through the seemingly helpful process of developing a loan modification plan for a borrower. This process is called “Double Tracking” by the lenders. Double Tracking sets up a virtual “Pearl Harbor Like” sneak attack on a borrower, because while the supposed loan modification is underway the lender’s attorneys are rapidly moving forward with the foreclosure process. There is a huge upside for banks because it is much less costly for a lender to foreclose on a homeowner than to modify an existing home mortgage.

The Sandberg Law Firm has established their own unique version of “Double Tracking” however, Sandberg Law’s “Double Tracking” is designed to counter lender foreclosure sneak attacks on borrowers. This approach puts the client’s interests as a priority and keeps the lender’s foreclosure plans at bay. By using Chapter 13 Bankruptcy the Sandberg Law Firm can use the power of the law to stop a lender’s foreclosure plans dead in their tracks.

Often called the middle class bailout, Chapter 13 Bankruptcy can also help to wipe out credit card and medical debts and reduce or eliminate car payments. The use of Chapter 13 Bankruptcy can not only stop foreclosure, but help homeowners reduce debts such as second mortgages. Sandberg Law Firm can stop any type of foreclosure that a lender may use to attempt to take possession of a person’s home. The firm helps homeowners deal with lenders by highlighting the fact that they cannot be turned down for a mortgage modification because they are filing for Georgia Chapter 13 Bankruptcy protection.

To educate its clients about how to deal with these issues, the Sandberg Law Firm has developed a series of free Bankruptcy seminars that cover areas such as debt relief, foreclosure and bankruptcy. The seminar series also covers specific topics of interest including Chapter 13 Bankruptcy workouts, the home foreclosure process, loan modifications and short sales. The Firm also includes other useful information such as how to deal with: the Internal Revenue Service, mortgage lenders, credit card companies and the Georgia State Tax Commission. They also deal with how to handle repossession of personal property, child support, court appearances and the bankruptcy process.

Tony Sandberg commented on the Firm’s unique “Double Tracking” approach to dealing with mortgage lenders. “We developed this process to stop lenders from foreclosing on homeowners while they were telling them that they were working on a loan modification. This sneak attack tactic is deceptive and needs to be stopped. We want to help homeowners stay in their home. We have an extremely experienced legal team to help our clients through the Chapter 13 Bankruptcy process and our free seminars can also help them get the Georgia Bankruptcy information they need to make good decisions about their current financial situation.”

The Sandberg Law Firm has a staff of Atlanta bankruptcy lawyers that is one of the largest in the State of Georgia. The firm has a number of offices located conveniently around the Atlanta metro area and across the state. The satellite offices are located in Cartersville, GA, Conyers, GA, Douglasville, GA, Duluth, GA, Fayetteville, GA, Gainesville, GA, Newnan, GA, Rome, GA and Stockbridge, GA. The Firm’s strategically located offices make it easy for clients in need of a Georgia Bankruptcy Attorney to visit an office and speak with an expert attorney in person. The Sandberg Law Firm’s main office is at 229 Peachtree St, International Tower Suite 705, Atlanta, GA 30303, phone 404-827-9799. The Sandberg Law Firm has selected Atlanta SEO Company, Interactive Search Marketing, to provide its Search Engine Optimization and website development services.

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