Law Firm Offers Retainer Refunds for Clients in the Event Their Mortgage Cannot be Adjusted LOS ANGELES--(BUSINESS WIRE)--America's Law Group, a national law firm devoted exclusively to loan modification and tax resolution, today launched its "Homeowner Benefit Program," which mandates a refund of retainer fees to all homeowners if, after fighting for loan modification on their behalf with banks and mortgage companies, they cannot ultimately be of assistance. America's Law Group believes this program will instill confidence in homeowners that solutions can, and will, be found to resolve their foreclosure fears. According to government figures, an estimated nine million U.S. homeowners are currently in some type of mortgage trouble and the situation is worsening as five-year adjustable rate and negative amortization loans are adjusted or recast over the coming years. Homeowners across the country are seeking solutions that will help them re-negotiate their current mortgage payments with banks and lenders. Many mortgage loans violate the Truth in Lending Act and the Real Estate Settlement Procedures Act, which America's Law Group will leverage when negotiating a favorable loan adjustment. "America's Law Group is currently in the process of helping almost 2,000 consumers modify their loan payments in order to stay in their homes," said Nicholas Chavarela, managing attorney for America's Law Group. "Our new Homeowner Benefit Program is a testament to our confidence and ability in helping homeowners lower their current mortgage payments. If we cannot help you, you get your money back. It's that simple. Consumers must understand that viable solutions are available."
