Mesa Law Group 2010 First Half Results Mirror and Outpace Industry Bankruptcy & Loan Modification Averages

COSTA MESA, Calif., Aug. 25 /PRNewswire/ -- Mesa Law Group, an innovative California-based law firm with specialty financial services announced a strong first half of 2010 with more bankruptcy and loan modifications than industry averages. Delinquent mortgages have decreased since April 2010 in the United States, however Mesa Law Group's results support the trend that loan modifications and bankruptcies continue to grow.

In the first half of 2010 Mesa Law Group saw a 37 percent increase compared to results of the past full year. In comparison, the American Bankruptcy Institute reported a 14 percent increase for the first half of 2010 compared to 2009. The higher-than average results for the Firm are a combination of Mesa Law Group's specialty services and the specific markets the company serves.

In Loan Modifications, Mesa saw a 20 percent increase in permanent modifications in the first half of 2010, a 27 percent increase in pre-modifications, and a 12 percent increase in forbearance cases. Few 2010 loan modification statistics are widely available for comparison. Bank of America in the first half of 2010 had fewer modifications than its average for the last five halves. In contrast, HAMP reported a 75 percent increase in modifications in the end of 2009 with even more projected in 2010; however Mesa Law Group's loan modifications are only a portion of the Firm's overall business unlike HAMP which focuses entirely on modifications.

Mesa Law Group provides comprehensive analysis and representation, building solutions for individual clients that are backed with experience in each area of its practice including bankruptcy, real estate, and mortgage servicing.  With its focus on service, the Company is proud of its customer service record with less than five percent of total customers the firm could not assist.  In addition to Mesa Law Group's comprehensive services for bankruptcies, loan modification, lien stripping, and debt reorganization, the Company offers a new program helping homeowners on a budget with a detailed mortgage restructuring program that is backed by the company's experience. More information about Mesa Law Group's full legal services can be found at http://mesalawgroup.com/applynow/form.html.

"We've had more inquiries, more of those becoming clients, and have expanded our attorneys on staff to respond to the sharp increase in bankruptcies. The value of Mesa Law Group comes from our deep experience in special legal niches and full representation that helps clients navigate the legal landscape based on their specific situation and goals," said Tazwell Randall, VP of Client relations at Mesa Law Group.

About Mesa Law Group

Mesa Law Group is a legal corporation providing specialty financial services. Mesa helps borrowers navigate bankruptcy, homeowners avoid foreclosure, and protects those in need of legal representation. An innovator in the industry, the company has developed unique tools that empower clients. Providing detailed financial analysis backed by legal counsel, Mesa Law group applies traditional and more contemporary options such as Bankruptcy Protection, Debt Restructuring, and Lien Elimination to find the best solution for each client.

For more information visit our website: www.mesalawgroup.com

SOURCE Mesa Law Group

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