There has been lots of press on the topic of Loan Modification. You can negotiate with your bank to modify your loan yourself or by using a third party expert. The government has also now gotten involved and set up a special program to help consumers modify their loans but not everyone qualifies for the government’s bailout loan modification program. Read ahead to see if you qualify for a government bailout or loan modification as part of the Obama Plan. If you do this is a great way to manage your debt and get back on your feet.
