Bethesda, MD – Legal Advantage, LLC, a premier provider of litigation support services, announced today the offering of mortgage modification and credit-related document processing services. Mortgage and credit-related filings have reached epidemic proportions and Legal Advantage is working with clients to analyze and evaluate documents associated with mortgage and loan restrictions, as well as lender/borrower litigation, in order to assist outside counsel to provide the most comprehensive solutions for these issues.
Legal Advantage has a highly skilled team with experience that gives them a thorough understanding of a broad range of disputes, including contract law, bankruptcy and other related areas. 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 – by working with creditors on developing and implement loan restrictions. In terms of the Mortgage Modification Service, Legal Advantage’s team of legal associates and analysts takes care of the document collection and client interview processes for modification requests. Additionally, the team prepares the drafting of initial correspondence and financial statements before transmittal to client firms. The result is an accurate prepared package of documents that allows client law firms to begin negotiations with lenders immediately.
Legal Advantage has worked with numerous law firms to help restructure loans and analyze risks. “We began offering this service several months ago in response to requests for assistance from some of our clients. The collaborations have been extremely successful in providing high quality services, and allowing our clients to significantly scale their operations to meet increased demand. With the credit crisis in its current state, we see a significant demand for this service.” said Ashar Akhtar, Associate General Counsel of Legal Advantage, LLC.
“Given the current real estate situation, coupled with the general economic downturn, a matching up of offshore services with mortgage assistance was only a matter of time,” stated Akbar Sharfi, President of Legal Advantage. “Whether our clients represent debtors or are creditors, our selection of services save time and money for everyone involved. Everyone agrees that foreclosure is an absolute last and 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 retain their homes in the face of these crises However, in cases where foreclosure is absolutely unavoidable, our team works to make the process as painless and quick as possible for everyone involved.”
ABOUT LEGAL ADVANTAGE: Legal Advantage’s mission is “To help Inventors the World Over Protect Their Ideas and Realize Their Dreams.” For nine years Legal Advantage has assisted intellectual property attorneys, patent agents, and individual inventors in fulfilling this mission. Legal Advantage is a leader in Prior Art Searches (patentability, freedom to operate (FTO), clearance, validity, invalidity, infringement and landscape analysis), Patent Illustration (Patent Drawing) and Design Services, technical translations (Arabic, Chinese, French, German, Italian, Korean, Japanese, Portuguese, Spanish, Swedish, Turkish and over 20 other languages), patent trial graphics, and research. The real benefits derived from these services include reduced costs, faster project completion, and a higher quality end-product deliverable.
Founded by seasoned intellectual property attorneys and litigators, Legal Advantage combines unparalleled dependability, accuracy, and client service – resulting in a stellar client retention rate that is among the highest in the industry.
Legal Advantage is headquartered in the Washington DC suburb of Bethesda, MD and has offices in Boston, Chicago, Los Angeles, New York, San Francisco, Hyderabad, Ottawa, and Toronto.