No, no organization can guarantee you will receive a modification. If anyone guarantees modified loan terms, you should contact your State Attorney General’s office right away.

If you have been the victim of a Loan Modification Scam, you should report the details to your State Attorney General. If you need assistance, visit www.loanscamalert.com

Credit & Homeownership Empowerment Services, Inc. has joined with the Loan Modification Scam Alert Campaign to help fight loan modification scams in our community.

No, you should continue to make payment(s) directly to your lender, do not make payments to any third party unless you have been instructed to do so, in writing, by your lender.

Yes, it is very important that you remain in direct contact with your lender throughout the modification process. Be wary of any company that encourages you otherwise. We are here to assist and guide you through this process; we will help facilitate the entire process with you and your lender.

We understand how stressful it can be to juggle finances; between house payments, auto loans, insurance, medical, utilities and everyday expenses it’s difficult enough, but when you add a reduction or loss of income, increased expenses or an escalating home loan it becomes almost impossible.

Lenders want to see that you have a workable plan for staying on track. CHES Inc.’s Financial Fitness Program assists you with long term solutions. Our Advisers have had great success in helping families save their home, however, it’s important to keep in mind not every home is affordable, it’s a difficult reality, but we will guide you through the process and explain your options no matter the outcome. After-all, our goal is your long term success.

Studies have shown that following a comprehensive program such as the one offered by CHES Inc. provides a 60% greater chance of receiving a modification, and an even greater chance of maintaining one. Remember, no one can guarantee results, but by utilizing the right tools you can greatly increase your chance of success.

No, CHES, Inc. is not a law firm, we are a HUD Certified, 501(c)(3) nonprofit, public benefit organization. Our staff consists of trained, experienced advisers Certified in Loss Mitigation and Foreclosure Prevention by NeighborWorks America. We have negotiated numerous successful modifications for clients, including those in foreclosure. CHES, Inc. will never discourage you from consulting with an attorney.

While we can’t advise you about communicating with any law firm, keep in mind the law firm facilitating the foreclosure sale represents your lender, not you. If you have questions regarding your rights, you should consult with an attorney who will represent you.

No, contrary to what you might believe, Lender / Investors are not required to participate in any program, or to even consider your request for modification. Therefore, it is important to utilize the services of an experienced intermediary like CHES, Inc., while we cannot guarantee you will receive a loan modification, we can help to increase your chance of success.

Not necessarily, while chances for success are much better when you provide us as much notice as possible, we will attempt to get your sale date postponed so that your modification request can be considered by your Lender / Investor. Keep in mind, once a foreclosure sale date is scheduled, it can be difficult to postpone. Please contact us before it gets to this point so that we may increase your chance of success.