Parsa Law Group Educates California Homeowners about Options as Foreclosures are Expected to Continue Throughout 2009

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Homeowners, now more than ever, are in need of qualified counsel, education and advocacy

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We work toward solutions that fit each family's circumstance and ease the stress they feel when facing foreclosure, bankruptcy or overwhelmed with debt.

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Six California cities are included in the top ten markets in the nation with the highest foreclosures rates during the first quarter of 2009, according to a recent report from RealtyTrac, an online foreclosure listing company. Coupled with the growing statewide unemployment rate, now at 11 percent, and according to MDA DataQuick, an 80 percent increase in default notices issued to California homeowners during the first three months of 2009, compared to the previous period, foreclosure activity is expected to continue throughout 2009.

"Most people going through a foreclosure don't know or understand their options and therefore miss the opportunity to save their home through loan modification or bankruptcy," said James Parsa, founding attorney at Parsa Law Group. "If either of these options are viable, it can keep a family in their home and help to maintain property values in the neighborhood," said Parsa.

California cites listed in RealtyTrac's top ten markets with the highest foreclosure rates nationwide include: Merced (2), Stockton (4), Riverside/San Bernardino/Ontario (5), Modesto (6), Bakersfield (7) and Vallejo/Fairfield (8). Additional California cities listed include: Sacramento/Arden/Arcade/Roseville (11), Salinas (15), Fresno (16), Visalia/Porterville (17), San Diego/Carlsbad/San Marcos (18), Oxnard/Thousand Oaks/Ventura (19) and Los Angeles/Long Beach/Santa Ana (20).

Parsa Law Group, a law firm focused on providing consumer debt relief through loan modification, bankruptcy and debt resolution, has successfully negotiated 4,000 loan modifications throughout California and Nevada. The firm, which promotes client education and advocacy, emphasizes the importance of hiring a qualified professional for these services rather than attempting the do-it-yourself method.

"As experienced attorneys, we've helped thousands of families navigate through the maze," said Parsa. "We work toward solutions that fit each family's circumstance and ease the stress they feel when facing foreclosure, bankruptcy or overwhelmed with debt."

About Parsa Law Group
Parsa Law Group is a full-service law firm providing qualified and affordable legal representation for those in need of loan modification, bankruptcy and debt resolution services. Since 2008, Parsa Law Group has successfully negotiated loan modifications for 4,000 families and holds an A rating with the Better Business Bureau. For more information, visit http://www.parsalaw.com, or call 1-800-256-1097.

Contact:
Holly Naylor / Jessica Neuman
IDEA HALL
(714) 263-8734 / (714) 263-8731

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Holly Naylor

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Jessica Neuman

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