The key to successful negotiation is knowledge, organization, commitment, and a workable plan. Simply put, our programs more than fit the bill. We offer proven programs that work. Not only do the programs we offer demonstrate to your lender your level of integrity and commitment, they are designed to provide you with a template that delivers results and maximizes your chance for a successful outcome.

Is ABS Foreclosure Solutions Inc a member of the Better Business Bureau?

Yes!  National Financial Solutions LLC is proud to be a member of the Green Bay area Better Business Bureau.

Does National Financial Solutions LLC offer a Money Back Guarantee?

Yes! Your counselor can go over our Money Back Guarantee with you during your free consultation.

My credit is bad, am I wasting my time?

No. Almost everyone who has fallen behind on their house payments has had some credit problems in the past. We help people regardless of their credit. We are more concerned with your current abilities.

I'm currently in bankruptcy. Can you still help?

Rarely does a bankruptcy prevent foreclosure. More than 80% of the people who file for bankruptcy protection end up being kicked out of the bankruptcy plan and now are in a worse position than when they started. Interestingly enough, in industry circles it is thought only to delay the inevitable. With this in mind, many of our clients are actively involved in bankruptcy at the time they solicit our service. Realistically, bankruptcy can buy you time. Ultimately, an agreement with your lender may still be needed in order to avoid foreclosure.

How is the service you provide better than filing for bankruptcy?

The obvious answer would be that our programs work to safeguard your credit history from negative, long-term impairment and no matter what an attorney may tell you,  BANKRUPTCY DOES NOT STOP FORECLOSURE. It is true that bankruptcy does suspend the foreclosure process, but it does not stop it. Bankruptcy can legally remain on an individual credit report for a period of seven to ten years. That's a decade. Assuming you know the obvious, a further advantage to choosing our program over bankruptcy is that it allows you to work together with your servicing agent to problem solve rather than putting you against your lender and possibly assuring an inevitable loss as a result. Working in conjunction with your lender allows you greater flexibility as you tailor a plan that meets both of your needs and protects both of your interests. But most importantly, you will have a greater chance of being heard and your workout will have a greater chance of being approved.

Why did my mortgage company send my payment back?

After your mortgage company accelerates your loan, they no longer accept a payment less than the full amount due. They are likely to send it back to you asking for the whole amount. The reason for this has its origin in case law. If the lender accepts less than full payment, they must terminate the foreclosure process and start from square one.

I've already talked with my lender and they do not want anything but their money. What can you do to change their minds?

Keep in mind, National Financial Solutions LLC are not only experienced but also skilled at working with lenders and their agents in effort to avoid foreclosure. This is what we do and we are not afraid to tell you that we do it extremely well. Remember, our team consists of talented, educated and professional personnel who are dedicated to this effort on a full-time basis.

What do I do if someone stops by the house?

It is possible that investors or bank representatives will come by and look at the house. It is their way of check to see the house is not vacant or destroyed by vandals. But remember, it is YOUR home, and you choose whom you want to enter your property, including the land. You are not compelled to allow anyone access to your home. The worst perpetrators are individuals posing as government employees dispatched to your home to assist you. NO ONE , the lender, the County, the Federal Government will not send out representatives to assist you unless you have initiated the call to the proper agency. If this occurs to you, our advice is to call the local police immediately.

I've received papers from the court. Do I have to attend on the hearing day?

You have the right to appear, but are not compelled to do so. The purpose of a hearing is for the mortgage representative (attorney) to validate the debt. They show the judge that the loan made to you was a legal one, and that the foreclosure sale should be allowed to procede. These hearings are a swift formality done by rubber stamp. If you feel the mortgage company has not properly posted your payments, or is wrongfully foreclosing, you have the right to explain your position. If not, then your time is probably better spent at work earning a living. 

What makes your service better than the others that are out there? ( See scams )

We are well aware that there are others out there that will try to contact you to help you “save” your home. Some from attorneys, who are asking you to file bankruptcy, as well as other companies like ours. The level of success our programs have received, our level of education and experience distinguishes us from the rest. There are some “foreclosure mediators” out there who simply purchased a mail order course. Yes, they may be able to solve your problems, but ask yourself, who has a higher degree of reliability, a mail order program or a team of educated and dedicated and experienced professionals? Finally, our level of commitment, drive, and determination to make ABS Foreclosure Solutions Inc the best allows us to give you the best in cost, programs, and service.

What guarantee do I have that you will stop the foreclosure process?

National Financial Solutions LLC takes pride on our success rate of 95-97%. Some reasons for unsuccessful cases include clients not providing, or falsifying the information needed in order for us to assist in the case. (Example - bankruptcy, employment, taxes, financial data) Unfortunately, a workout program is not a "sure thing" that can be guaranteed by anyone. Each workout is dependent on a variety of circumstances and must be individually negotiated with the lender(s) involved. The final approval for any workout lies with the lender. In this regard, ABS Foreclosure Solutions Inc has the experience of hundreds of successful workouts to draw upon when negotiating with lenders and we only accept cases we feel have a good chance of being approved due to a compelling hardship.

What happens if I don't qualify for a program?

We will contact you immediately and give you some advice on what to do next.

How long will the process take?

Our programs are designed to provide you with fast resolution. As such, you'll be happy to know that our programs are designed to get you quick answers. The entire process can take as little as 24 hours but sometimes can take 7 days or more.

When will I hear back from National Financial Solutions LLC?

 After receiving your papers, we need about two days to review them and call you with the results. Soon thereafter, you'll receive documents in the mail with a detailed explanation of your specific program. The entire process can take as little as 24 hrs, but sometimes can be 7 days or more.

What is the charge for your services offered by your firm?

Your consultation with one of our highly qualified professional foreclosure consultants is completely free. Once we have evaluated your case, we will be able to tell you your options and any associated cost. If you need our services, our fees range from $495 - $1500.00.

When do I pay National Financial Solutions LLC?

In keeping with our mission to provide lenders and borrowers with workable alternatives to foreclosure, our business has been set up to provide the most efficient and task focused means of doing what we do best. As such we collect 100% of the fees at the time the service is requested. If you need to discuss a payment plan your counselor  can assist you with those options.

Is National Financial Solutions LLC a law firm or a loan broker?

No. We at National Financial Solutions LLC are not lawyers or loan brokers. We do have parnerships with loan brokers and attorneys who are available if the need arises. We assist homeowners with financial problems and can formulate several programs that will terminate the foreclosure process. Since we are not lawyers we can not give legal suggestions, advice on statutes or bankruptcies, or represent you in court. Also, since we are not loan brokers, we do not provide loans. We do however , work with brokers who are able to provide refinancing if the conditions are right. We do assist homeowners with their financial problems including loan mediations, partial claims, and consolidation of bills or refinancing.

What are National Financial Solutions LLC privacy policies?

We recognize that you are submitting sensitive personal and financial information to us during the course of your consultations with us. As such, National Financial Solutions LLC only shares this information, as necessary, with the (1) decision-makers at the lending agencies that must approve your workout program, (2) attorneys for the lender, or (3) third party representatives that  you authorize National Financial Solutions LLC to work with to complete your workout program (such as your accountant)... It is our policy to treat each file as extremely confidential and we do not resell or disclose personal information to any other 3rd parties.

How can a homeowner avoid being scammed?

Foreclosure Scams

Facing the threat of losing a home, a homeowner will be plagued by individuals and companies offering to "help" the person out of his or her difficult financial situation. In most cases, these people are out for one thing--making money from someone's problems. These scams will come in many shapes and varieties...ranging from direct mail offering to "negotiate" on behalf of the home owner for a nominal fee to people knocking on the door offering to help out by reinstating the loan, taking title and leasing the home back to the individual. People facing foreclosure are vulnerable to con-artists and scams. However, using a little common sense, any homeowner can avoid being taken advantage of and find a viable and ethical solution for his or her dilemma.

In Illinois, the lender initiates the foreclosure process by filing a Notice of Trustee Sale with the county recorder. This notice is the equivalent of posting a large 50 foot neon sign above someone's house saying, "Here I am, take advantage of me!" because shrewd individuals and companies know that the homeowner is in trouble and will oftentimes do anything to resolve the problem. Most of the common scams involve a homeowner surrendering their deed to a 3rd party, renting their homes , or quickly selling their home without negotiating any terms with their lenders. The end result of all these scams is the scam artist making a quick buck on the homeowner's predicament and the lender still coming after the homeowner for payment. Surrendering their deed or even selling to a third party does not necessarily discharge the homeowner's obligation to pay the lender unless this has been expressly negotiated with the lender (as is the case in a legitimate "short sale").

A homeowner should be suspicious of any services that claim to exploit bankruptcy laws to delay foreclosure indefinitely or that claims to arrange for the homeowner to sell to a 3rd party that will then lease the home back to them.

Selling To A Third Party.  There are both individuals and companies out there that are completely honest and fair when they do this technique. But, there are also Scam Artists using this technique also to make a quick buck. Here's how it works. If you sign over your house to them, they now own your house. The mortgage, and thus the payments are still in your name. For a trustworthy company, that's a good deal for you the homeowner. He makes the payments, and your credit gets rebuilt. For the Scam Artist, he collects the rents you pay, and does not make any of the back payments, and the foreclosure sale goes forward. He made money from the rents you paid, and you lose everything. Solution: simply do your homework and get references. Remember first and foremost its your home and they may, or may not, keep their word.

Bankruptcy. No matter what an attorney may tell you, BANKRUPTCY DOES NOT STOP FORECLOSURE! It is true that bankruptcy does suspend the foreclosure process, it does not stop it. If he LIES to you and tells you that the foreclosure process will be stopped by filing a bankruptcy, our advice to you is to RUN QUICKLY!!!!

Short Term Loans . People may approach financially troubled homeowners with the possibility of providing him or her a short-term loan, and, in some cases, offer a loan with no payments for a certain period of time. These loans have high interest rates, require a balloon payment (where the homeowner must pay off the loan by a certain date), or other features that may sound attractive. In reality, these loans are additional liens against a home and, if the homeowner fails to make a monthly payment or the balloon payment, the homeowner could face foreclosure again.

Equity Splitting . Real estate agents (many claiming to be "pre-foreclosure" specialists) offer to reinstate a person's loan and sell the house with the idea of salvaging any accrued equity and appreciation in the home. The catch is that the homeowner must split the earnings with the agent instead of paying a commission. The reality is that the homeowner could have hired a competent agent and accomplished the same end result with less money out of pocket.

Debt Consolidation/Counseling Agencies . Many companies, reputable and not so reputable, offer to consolidate the debt for the homeowner. The catch is that the homeowner must prepay for these services (many times the home owner can do this on his or her own accord). These individuals do not offer anything that you cannot do on your own or that other non-profit agencies will provide free of charge. If you need a debt-consolidation agency, contact your local Consumer Credit Counselors.

“Financial Services” Companies . There has been a proliferation of individuals, often posing as a financial services company, that offer to assist home owners facing foreclosure with everything from tax advice, debt management, real estate sales and pre-foreclosure sales. The reality of these individuals is that they do not run legitimate corporations (according the Illinois Corporations Commission) and are not legally licensed as required by the Illinois State Banking Department for debt or credit counseling. Be wary of anyone who wears a thousand hats for any occasion or requires you to pay money for their services upfront!

Visitors . Expect many people, including investors and real estate agents, to visit your home. They will paper your house with flyers, knock on your door at all hours, and stalk you and your family until they have an opportunity to speak with you. The worse perpetrators are individuals posing as government employees dispatched to your home to assist you. The lender, the County, and the Federal government will not send out personal representatives to assist you unless you have initiated the call to the right agency