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Frequently Asked Questions
Does bankruptcy save my home from
foreclosure? Not in most cases. Bankruptcy is only a temporary fix
that delays the foreclosure process. Eventually if payments are not made
or if even one violation occurs your home is foreclosed on anyway. Avoid
bankruptcy and give us a call.
How is the service you provide better than filing for
bankruptcy? Filing bankruptcy could give you a 10-year negative mark
on your credit report and make it almost impossible to rebuild your
credit. It is always better to work out a solution with your creditor that
can prevent bankruptcy and save your credit. Let our team help you to find
a more flexible and affordable solution that will be better for you in the
long run. For more information on filing bankruptcy, we suggest that you
consult with an attorney.
How long will the process take after I complete my
paperwork? Your case can be resolved in as little a 2 days or as long
as several weeks, depending on the severity and complexity of your
financial situation. No matter if your home is heading to the courthouse
tomorrow contact us today. The sooner you contact us the faster we can
initiate the process to stop foreclosure.
How can you help me save my home? The key to saving
your home is knowledge, integrity, commitment and powerful negotiation
skills coupled with a specific plan to obtain the right solution. Our
Foreclosure Care Experts carry extensive experience working with banks in
their Loss Mitigation Departments. We know what banks are looking for and
what types of options and programs are available to help you bring your
mortgage current. Call MCS Foreclosure Protection today so that we can begin
to negotiate successful solutions on your behalf.
Can I do this myself? Our company encourages you to
contact your bank and attorney before contacting us. Chances are you will
find that many financial institutions are too busy to respond to
individual inquiries. We have partnered with these companies time and time
again to resolve cases and banks are typically more responsive to
established companies than to individual inquiries.
How much does this service cost? Most of our
services cost less than one mortgage payment depending our your specific
needs. Our Foreclosure Care Experts will work out an affordable solution
that could save you thousands of dollars over foreclosure.
Are you attorneys? No. We do not give legal or tax
advice. We are a third party mediation service designed to develop a plan
and solution to help homeowners avoid foreclosure. We do this by working
with financial institutions on behalf of our clients to get a secure
repayment plan and bring the mortgage current. However, clients are
required to meet all agreements worked out given by their banks or
mortgage companies.
If I get foreclosed could my mortgage company seek a
deficiency? This depends upon the state in which you reside. Most
states have laws that give a bank or mortgage company the right to seek a
deficiency after the home is foreclosed and sold at auction. For example:
if you owed the bank $100,000 including all applicable fees and your home
was sold at auction for $80,000, a court order could require you to pay
the difference in value of $20,000. Laws vary by state, so please check
your state laws.
How do I know this is not a scam? We have
implemented policies that ensure our company is scam proof.
Do I get a free consultation? Yes. Contact us by
phone or email or fill out the information form and one of our Foreclosure
Care Experts will arrange an opportunity to have a free 30 minute
consultation to initiate the process of finding an appropriate solution to
stop foreclosure.
Why choose your company? What makes your service better
than the others? MCS Foreclosure Protection, LLC is dedicated to
stopping foreclosure and defending the American dream of home ownership.
Our professionals have years of combined experience in foreclosure,
financial management, service and have the heart, compassion and caring
attitude to go to work for you and win. Our superior negotiation skills
and consistency to get a solution is unmatched.
Can you work with me in my state? Yes. We work with
homeowners in all 50 states.
When do I pay for your services? Our mission is to
provide a workable solution for our clients and the mortgage companies.
Once a free consultation is completed, we can determine if you meet the
most common criteria that provide the highest probability
of negotiating a successful deal with your bank. Payment will be due at
the point of service.
What is your cancellation policy? MCS Foreclosure Protection
LLC gives you the right to cancel our agreement within 72 hours
of payment. Once we begin to commit hours to resolving your case and
the 72 hours have passed, conditions for a refund are stipulated in the
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