Loan Modification Firm - maxflaxman - mike lopez Fort Lauderdale Florida

d**n! Why in the name of God would a bankruptcy attorney not incorporate a mortgage into a Chapter 13 plan?

If the rebuttal is accurate, then I'm either missing most of the story, or the bankruptcy attorney was totally inept.

Given the glaring obviousness of the mortgage/Chapter 13 issue, I would have to assume that the problem does not lie with any attorney that is licensed to practice bankruptcy, and there is something to this story that we're not getting.

Usually, the point of filing a Chapter 13 versus a Chapter 7 is to retain property with equity that exceeds the allowed exemptions. So I would sure like to know why the mortgage wasn't included in the Chapter 13 plan.

RE: Karen


Karen retained the firm in mid May and failed to provide the necessary documents until July 8, 2008. Sale date was set for July 15th. Client filed complaint with lender regarding Power of Attorney and Disclosure restricting our access to speak with her lender until after July 16th.

Client was denied for a loan modification because she removed the property in note from a chapter 13 bankruptcy and was 19 months past due as of our last correspondence with the lender.

Client was advised by a principal of our firm that her bankruptcy attorney should not of removed the property as it lifted the automatic stay created by filing the petition for bankruptcy.

Our initial cost retainer of the initial $1250 is non refundable as outlined in the signed and notarized consulting agreement. Client took almost 60 days to provide the necessary documents for us to submit a loan modification. She is still eligible for redemption under MN state guidelines and was notified by our firm that she was denied for a loan modification in writing. Had client provided documentation necessary for loan modification in a timely fashion it would of allowed for our firm to exercise other options to prevent Karen's loss of her property. We deeply regret Karen's loss of her property. However she was notified on May 20 as to what documents would be required for us to submit a loan modification on her behalf. She failed to provide said documents until July 8.

Michael Flaxman
Sr Partner
1-866-881-7405

PS: our number has never been disc nor our website