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If you have missed 2 or more car payments OR
would just like lower monthly payments then you must learn more about how
we can help you lower your monthly payment by
as much as 60%!
How it
works
Our process is
easy and effective.
Here is a step-by-step overview:
Step 1
Call us, submit a form or e-mail
us for a free consultation with no obligation. Using our proprietary
software one of our counselors will run a quick evaluation on your overall
situation to determine if you qualify and what your potential options and
benefits are for modifying your loan. The evaluation will also analyze
your current vehicle situation to see if we can lower your overall monthly
operation cost.
Step 2
Once you qualify, we
will gather additional information about you and run an extensive Vehicle
Analysis Report which is a complete overview of the wholesale, current and
future value of your vehicle as well as analyzing your original MSRP,
current equity and auction value. It is very similar to a credit report or
an appraisal for mortgaging or buying a home. The Vehicle Analysis Report
helps you to understand your options and gives our negotiators a clear
picture of where you are so they can be prepared for the auto loan
modification process with your lender.
Step 3
We will work with you to
gather all the supporting documentation that the lender requests, go over
your hardship in detail and determine the appropriate measures to get you
current and back on track with your lender.
Step 4
Once we are authorized to represent you, we contact your lender and
handle all current and future communications for you until a rewrite,
deferment, full or partial modification has been completed. We will enter
into a negotiation and modification process with the lender and do
everything to get you the best new terms
possible.
Step
5
Finally, we work towards closing the deal and
executing the modified loan terms for you. Once the modified terms are
negotiated by us on your behalf, a form will be sent to you for signature
in order to make the entire modification service official.
If you
need additional information or want to get a quick 10-minute evaluation to
see if you qualify please call us now at
800-704-4228.
Join
Our TEAM!
If you are interested in helping car owners modify
their payments, please Join Our Free Affiliate Program by clicking the link
below:
Join Team
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To get a FREE CONSULTATION, and
2 FREE GIFTS simply fill in the form below. |
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Just complete the form above to receive a FREE
consultation AND Free gifts --
FREE copy of The 5 easiest Ways to Modify
or Eliminate Your Loan and Stop Foreclosure and FREE Loan Modification Software
Download
We provide a
free 10-minute qualifier consultation to those who have ANY of the
following:
- 20 days or more
late payment (required)
- Hardship and inability to
pay
- High payment or High Interest
Rate
- Vehicle worth less than you
owe
- Someone in the family has
lost their job
Give Us a CALL !
FAQs
What is an auto loan
modification?
It is the process of working out a
permanent, equitable, and fair solution between you and your lender to
restructure the terms and conditions of your current loan that reduces the
current debt you have incurred from the loan and enable you the pay off
the loan.
How much time do I
have?
If you are 1-3 months behind in payments and owe
more than $10,000, the sooner you act the better a solution we can
achieve. We have encountered many car owners that didn't realize they
could fix their current situation until it was too late and their vehicles
were repossessed.
When does the auto
loan modification process begin?
Once you have fully retained our services, your
lender will be notified immediately and we will begin the modification
process with the lender.
Can I just do this
myself?
Yes, but the result may be different and not
worth your time than letting a professional do it for you. If you are in
trouble with your loan, you want the very best result and we can get that
for you!
We have knowledgeable and experienced specialists whose
only job is to work with lenders and modify loans, every day. We have long
standing relationships with lenders and our negotiators understand the
process to get things done! By letting Auto Mod Nation do what we do best,
you will get better results with a fraction of the stress.
We know
how to deal with lenders and have in-depth knowledge about how these
institutions work. We can potentially save you thousands of dollars,
reduce your monthly payment and free you from a considerable amount of
stress.
How long does this
take?
Once we get the paperwork, we begin right away.
Currently, most lenders are very busy, so we are noticing about 4-5 weeks
before a final settlement is reached
How much does this cost?
Our fees
are based on your loan payment amount, and the complexity and urgency of
your situation. Our professional counselors will evaluate your case and
explain the best options available to you. We are confident that you will
feel that our fees are a bargain compared to the cost of the alternatives
and the saving you will get.
Will you
stop late fees and interest from accruing on my account?
We cannot stop a lender from adding interest or late fees to a
loan. However, your individual program will allow you to catch up on any
late payments, and all interest and fees will be restructured into your
new payment.
I filed for bankruptcy.
Can you help me?
Yes. We can review your situation and
let you know your options, but must wait until your loan has been
discharged or dismissed from your bankruptcy to negotiate with your
lender.
What if I can no longer afford
my car payment? Can you help?
Yes. If you are certain
that you cannot afford your car we have several options that will minimize
your credit damage and forgive the debt. They equity recapture, trade up,
sale or even vehicle refinancing.
How do I find out the progress of
my Modification?
You can call us at 800-704-4228 Monday
thru Friday from 9 a.m. - 6 p.m. and get an update on the progress of your
program. We also provide you with an updated schedule of all
correspondence with your lender via e-mail as well as frequent updates
from our counselors.
Will I owe money to
the IRS for my reduced settlement?
Creditors are required
to report canceled debts exceeding $600 to the IRS and you are supposed to
report the same as income on your annual tax return. However, the IRS
permits you to write off any “income” from canceled debts up to the amount
by which you were “Insolvent” at the time. Therefore, unless you have a
positive net worth, then you ordinarily will not be obligated to pay taxes
on the forgiven amounts. Additionally, if you do not qualify as insolvent,
non-principal amounts such as fees accumulated on the account may be
deducted from the amount reported. Consult a tax professional for your
specific situation. Refer to:
www.IRS.gov Publication
908.
What if I want to modify my home
mortgage?
All of our clients receive the easy to use but powerful 4 Step Loan
Mod Software absolutely FREE! This software has the
Obama HAMP plan built into the programming and it will tell you what is
required to PASS. More info can be found at http://www.4steploanmod.com.
Please call
for more information.
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