"Governor Schwarzenegger passed The California Foreclosure Prevention Act in February and it took effect yesterday. The law adds 90 days onto the time period between when homeowners default on a loan and when their home can be repossessed in foreclosure. Lenders can avoid the 90-day holdup by making mortgage payments more affordable to the home owner through California loan modification agreements."



The Law Offices of Louis Scott Brenes is a boutique law firm focussing on Loan Modifications and Bankruptcies in California. They pride themselves on their expert knowledge and easing clients through the process while educating them on how to establish a stronger financial platform.

Brenes urges acting promptly . If homeowners are distresssed from financial hardship thay should act immediately to negotiate their mortgage modification in California. Waiting months does not improve the situation.

?For many, just the thought of not being able to afford their mortgage payment is a freezing immobilizer. Thinking that you might have to say, ?I have failed?, when stepping out on a task - is something that brings shivers down many spines," states Louis Scott Brenes, California Loan Modification Lawyer.

?California Loan Modification is one of those immobilizers. Faced with a pile of debt, inability to stay current with their mortgage and without a visible way out people let their egos get in the way of obtaining help. They let weeks or months go by and see the debts getting bigger and mortgage payments further behind.?

?Once this thought process begins it is a downward spiral. People begin thinking more about being a failure rather than action. Doing nothing does not improve the situation one iota.?

?A California Loan Modification is a step in the right direction and may even prevent foreclosure, but homeowners must overcome any ego concerns and make the call quickly. A bruised or dented ego is far better that losing the family home.?

?Despite these thoughts of failure nobody, family, friends nobody, wants people feeling this way.?

?But the situation will not improve until action is taken. People must put all their feelings, thoughts and concerns completely aside and ask ?what is my next logical step?? The key is ?logical? and not emotional.?

?If a California Loan Modification is the next logical step, seek out legal advice immediately. A lot of the burden will be lifted just by making the call. Take advantage of the new law! ? concludes Brenes.