Case studies at AW Law Group
Area: 2nd Loan Mortgage
Client’s Issue: Client had a real estate loan, a 2nd loan mortgage with a principal balance of $150,000. Client was behind on his payments and facing an imminent threat of a lawsuit / foreclosure.
AW Law Group helped: Our experts prepared a financial packet for the client including a carefully crafted hardship letter and aggressively negotiated for the best possible settlement, preventing a lawsuit and the foreclosure proceedings.
Result: The 2nd loan mortgage with an initial principal balance of $150,000 was settled for only $20,000, saving the client $130,000 and his property – that is, 86% of the debt was written off!
Disclaimer: Result not typical. Each case is different. Actual results will vary depending on each client’s specific situation.