Think Debt Relief Expands Its Consumer Services With Attorney-Assisted Loan Modification Programs

• Press Release
• Source: Think Debt Relief
• On 9:15 am EST, Tuesday January 13, 2009

PHOENIX, AZ--(MARKET WIRE)--Jan 13, 2009 -- Amid the ongoing housing and credit crises, even as some of the country's largest mortgage lenders announce a moratorium on foreclosures and unveil various loan modification initiatives meant to help homeowners stay in their homes, the number of foreclosures nationwide has quadrupled since the fall of 2007. And with unemployment still on the rise and all signs pointing to a lingering global recession, more than 8 million homeowners stand to lose their homes to foreclosure over the next four years, according to projections released last month by Credit Suisse.

Despite increased pressure on lenders to offer mortgage modifications to their hardest-hit borrowers, particularly those facing skyrocketing payments in adjustable, interest-only, and pay-option mortgage loans, a number of struggling homeowners have still been unable to obtain loan modification assistance from their lenders.

The mortgage loan modification program from Think Debt Relief offers homeowners in a variety of situations -- from those who are facing foreclosure to those who have never missed a payment -- another avenue to explore, providing them with access to professional legal help through a nationwide network of independent attorneys who work with lenders, on a homeowner's behalf, to negotiate lower mortgage payments.

The Think Loan Modification program also offers an alternative to those homeowners who want to refinance into a mortgage loan with a lower interest rate but who don't qualify for refinancing, either because of stricter credit restrictions or because they owe more than their house is currently worth.

There are no credit checks, no appraisals, and no application fees required with the Think Loan Modification program. Homeowners can find out whether they qualify absolutely free and with no obligation. There are no fees for anyone who doesn't qualify or for anyone who qualifies but decides not to enroll.

Homeowners researching their mortgage modification options can visit the Think Debt Relief website, www.ThinkDebtRelief.com, or call toll-free at (800) 915-2621 for more details.

About Think Debt Relief

Think Debt Relief is a professionally certified debt relief agency dedicated to helping consumers address their debt problems as affordably as possible without having to declare bankruptcy or lose their home. Think Debt Relief offers multiple mortgage loan modification programs, credit counseling services, and a debt settlement program that serves as an alternative to costly debt consolidation loans.