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How to modify a commercial loan
Decide whether to hire an attorney or company or negotiate on your own.
When it comes to modifying a commercial loan, you have several options for how you wish to proceed. You can hire a loan modification company, hire a private attorney to work with you, or negotiate on your own.
The main benefit to going without outside help is the cost. It's much less expensive to work solo and if you're modifying the loan due to financial strain this is a great way to cut back on unnecessary expenses.