FOR IMMEDIATE RELEASE
Legal Advantage offers Mortgage Modification and Credit-RelatedDocument Document ReviewProcessingServices
Bethesda, MD (February 5th, 2009) – Legal Advantage, LLC., apremierprovider
document review andof litigation support services,todayannouncedtodaythe
offering of mortgage modification and credit-related documentreview processing
services. Mortgage and credit-related filings have reached epidemic proportionsand Legal Advantage is working with clients to analyze and evaluate documentsassociated withrestrictingmortgagesand loanrestrictions,s as well as
,lender/borrowerlitigation, in order, and helpto assistoutside counseltoprovide the
most comprehensive solutions for these issues.Legal Advantage has a highly skilled teamwho withdeals with complex mattersinvolving derivatives, financial instruments and commodities. Th ey areexperiencethat dgives them a thorough understanding of ina broad range of thesedisputes,
includingcontractlaw,s tobankruptcy and otherrelatedareas.In the foreclosure
arena, Legal Advantage can assist clients in three separate processes: 1)foreclosure avoidance – by helping to restructure loan terms; 2) during foreclosure –by processing relevant foreclosure-related documents; and 3) post-foreclosure – byworking with creditors on developing and implement loan restrictions. In terms of the Mortgage Modification Service, Legal Advantage’s team of legal associates andanalysts takes care of the document collection and client interview processes formodification requests. Additionally, the team prepares the drafting of initialcorrespondence and financial statements before transmittal to client firms. Theresult is an accurate prepared package of documents that allows client law firms tobegin negotiations with lenders immediately.Legal Advantage has worked with numerous law firms to help restructure loans andanalyze risks. “We began offering this service several months ago in response torequests for assistance fromsome of ourvaluedclients. The collaborations and
have been extremely successfulat inprovidingthemhigh quality services, and
allowing our clients to significantly scale their operations to meet increaseddemand. With the credit crisis inits this currentstate,we see a significant demand
for this service.” said Ashar Akhtar, Associate General Counselof,Legal Advantage,LLC.“Given the current real estate situation, coupled with the general economicdownturn, a matching up of offshore services with mortgage assistance was only amatter of time,” stated Akbar Sharfi, President of Legal Advantage. “Whether ourclients represent debtors or are creditors, our selection of services save time andmoney for everyone involved. Everyone agrees that foreclosure is an absolute lastand costly resort, and our foreclosure avoidance services aim to prevent this option.We are pleased to be able to play a part in assisting hard-working Americans retaintheir homes in the face of these crises However, in cases where foreclosure isabsolutely unavoidable, our team works to make the process as painless and quickas possible for everyone involved.”
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