What does a loss mitigation attorney do?

Answer by  worker2746 (2434)

They do just as the name implies, they mitigate losses on many different types of financial transactions. You will pay quite a bit for their services, but they are worth it.

Answer by  mammakat (11147)

They will try to renegotiate your mortgage or debt to reduce your loss or cost and make feasible payments. You will often utilize them to restructure out of control or excessive debt. They can often seek a "last-ditch" solution when your debtor has stopped speaking to you and reduce interest.

Answer by  John (9008)

A loss mitigation attorney works to minimize the damage from an event. Generally, this involves trying to prove that damages are as small as possible.

Answer by  heather88 (1897)

You would have to ask a lawyer who specializes in that profession. They can tell you more about it. Or you could look it up online.