The Law Office of Michael E. Ripley

Exceeding Expectations

Success Story: Mr. and Mrs. V. of Chula Vista

Good news for Mr. and Mrs. V of Chula Vista.  They had previously received a loan modification from their lender, Chase Mortgage, in 2009.  The interest rate was scheduled to reset in the next few months and it would become too high for them to handle. 
Through our work, we were able to decrease their monthly payment by $1,461.00, a savings of 35%.  We also obtained a principal reduction for them, for forgiveness of their debt, in the amount of $126,000.00.