Something new in the bankruptcy – when I say new, it has been there for probably four, five years. Now it’s a modification plan where you can actually force the lending institution to renegotiate your loan.

Now when I say force, you can’t compel them to do it as you can with a curing plan. But you’re able to – in many cases, I would say the statistic is still two out of three, you’re able to have the bank renegotiate your loan terms and in essence able to get a new loan and save your house under those circumstances.

Again my name is Richard Ellis. We’re located at 2187 Ringling Boulevard in Sarasota. We’re down the street from the Sarasota Courthouse.

I also have an office on Manatee Avenue in Bradenton. It’s 1909 Manatee Avenue. Please give us a call at 941-351-9111. Our website is also We would be glad to help if we can.