In early I received the name of a firm that helpshomeowners re-negotiate home loans. Im currently in a variable which is fixeduntil 2012 and wanted to convert it to a fixed loan. Unfortunately, Im upsidedown in my loan and am making all my payments so couldnt get the bank to talkto me. A representative from HLH assured me that they do this all the time andthere shouldnt be a problem converting the loan.in addition, theirintroductory letter stated the following: HLH Group, LLCs Attorneys, Auditors and Negotiators willwork diligently with your lender to restructure your loan, with lower interest, lower monthly payments, and possibly reduce your principal balance. The processtypically takes 30-60 days to complete, and we stay in constant contact withyou, updating you on the progress every step of the way. Additionally it states: This alone sets us apart from most other Loss MitigationCompanies offering similar services and as a result, our success rate is over97%. HLH Group, LLC offers a Money Back Guarantee if your Loan Modification isdeclined (see packet). At the time of writing this, its been 11.5 months and Ivebeen declined at least twice by my bank. I contacted HLH about a refund andthey said it would be my choice to stop working with them so I wouldnt get arefund. When asked how many months or refusals from my bank would constitute arefund, they had no answer. I havent heard back from them since requesting arefund.
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