The Law Office of Michael E. Ripley

Exceeding Expectations

Success Story: Mr. and Mrs. C. of Carmel Valley

Congratulations to Mr. and Mrs. C. of Carmel Valley, California.  He is self-employed, and his income was down because of decreased business.  They were 33 months past due on their house payments, and owed about $250,000.00 in arears.  Through our work, their loan was modified with Bank of America, such that their house payment decreased from $5,489.00 per month to $4,087.00, a savings of $1,401.00/month, or 26%.  Also, we were able to avoid a foreclosure, which was set 15 days after their first appointment with us.