FTC Announces Final Rule effecting MARS (foreclosure prevention) providers nationwide. You now must be a licensed attorney in the state in which the property or borrower resides to collect fees for this work.
Effective now: If you live in Califonia or the property resides in California, per the FTC Final MARS rule effective January 31, 2011, only a licensed California loan modification attorney can collect fees for foreclosure prevention work. Beware of out of state Scammers who try and sell you loan modification services, but who are not licensed to practice law in California. Report these companies to the Federal Trade Commission (FTC), as they are in violation of Federal law. See the compliance tab for more info on both state and federal compliance issues for foreclosure prevention law firms like CDA Law Center.
If you are seeking a California loan modification attorney, be sure to do you diligence on any firm you are considering hiring. There are many loan modification attorneys who do not actively particpate in your case or you cannot meet or speak to them about your case. At CDA Law Center ( www.cdalawcenter.com ), one of our three fine and experienced California loan modification attorneys will prepare every letter that goes to your lender, will review all of your documents and hardship letter, and will be happy to meet or arrange a call with you at any time before or during your case at your request.
We believe reputation and an ethical code of conduct for a California loan modifcation attorney is paramount. After spending three years and saving over several thousand homes, CDA Law Center maintains an A rating and a 5 of 5 stars review rating with the Better Business Bureau. We will work diligently on your case and provide consistent communication with you throughout the loan modification process until your case is resolved. If you are looking for a fully compliant California loan modification attorney, be sure to call 949-379-8001 for a free consultation to determine if your financial situation qualifies your for a loan modification. There is no obligation, and if we dont believe you have a viable case for loan modification, we will tell you so and tell you why, and we will not take you on as a client. We will onlt take those select clients that we believe have a strong cased based upon a financial interview and an understanding of your hardship.
CDA Law Center is loan modification attorney in California recognized by non-profit Homeowner Advocates as one of the most trusted firms in the country for helping consumers through their Bankruptcy, Lien Stripping, or Loan Modification Process. You can feel confident that our experienced case managers, paralegals, analysts, former underwriters, and attorneys will work diligently on your case until resolution.
