COVID-19 Update: In order to best serve our clients, our office remains open for business.
To protect your safety in response to COVID-19, we are offering our clients the option to meet with us, via telephone or in-person, based on the client’s choice. Please call our office to discuss your options.

What Is A Loan Modification?


The economic downturn has hit people from all sides, bringing unemployment, job loss, reduced home values, even resulting health and marital problems. We address financial problems from all sides. We at Debra Booher & Associates offer various bankruptcy options, a wealth of good advice and solutions, including loan modification, when appropriate.

Contact a loan modification lawyer at the office of Debra Booher & Associates.

Handling Bankruptcy Negotiations

There are multiple parties involved in debt situations, including multiple creditors, yourself and perhaps a bankruptcy trustee. Debtors often have trouble getting cooperation or answers when they try to negotiate, or even getting to talk to the right party. When we get involved, negotiating with lenders often becomes possible and effective.

Lenders are now more willing than ever to negotiate and modify loan terms, including interest rates. They don’t want to foreclose and take your home to add to all the homes they are already trying to resell. However, they look at your situation realistically: will a better payment amount really allow you to keep your home, or will they have to foreclose anyway, in the near future?

Finding The Right Solutions

What is your situation? Are you “house poor?” Is your home loan overwhelming? Have you lost your job? Do you have other debts you cannot pay?

We can advise you as to whether loan modification is likely — or helpful to you. Our experience allows us to see all of your options, and to offer solutions. Loan modification may be part of a larger solution to your situation. Chapter 7 or Chapter 13 bankruptcy may or may not be necessary or right for you.

Contact Our Ohio Bankruptcy Law Firm

Contact our experienced bankruptcy attorneys at Debra Booher & Associates online or call 888-542-1300.

Be advised, many “bankruptcy law firms” handle nothing but bankruptcy; but that doesn’t mean they have the experience and knowledge that our firm has. Yes, bankruptcy is all we do, and our attorneys’ pure bankruptcy experience totals more than 50 years.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.