Does that not seem to be a way to get around the advance-fee prohibitions for mortgage modification "counselors."The basic legal retainer for NAFDA-certified attorneys to prosecute a qualified case will run into the thousands of dollars as an initial retainer and $1000 per month or more depending on the value of your home. The initial retainer and the monthly legal fees cannot possibly cover the total cost of foreclosure defense litigation. Consequently, a performance contingency is required of 20% to 30% of the appraised value of your home at the time you win your case or of the savings created from loan modification/principle reduction negotiations.
The legal retainer can be apportioned over 2-3 months if you are barely in default and all of it is required if your trustee sale is imminent. If you cannot meet the foregoing requirements, we sympathize with your situation and apologize that we cannot assist you
The attorney's office at that address is one for a very active attorney in these kinds of issues, but I'm wondering if anyone else knows anything about NAFDA. (Some of the Google results require looking at the cached versions of pages that are no longer up.)