The Real Story of Paralegal Temps and Mortgage Modification Services, Inc.

Version 4

    Question: Where is your business located (city & state)?  Who are the customers you serve?  What products or services does you company provide?

    Your Answer: We are located in Vero Beach, FL and serve clients in ALL States.  We are all degreed paralegals and provide document services in family and civil law.  We prepare documents for you to file at your local Courthouse.  These are the same documents that come out of an attorneys office, except that we charge a fair and modest fee.  We are not attorneys and do not give legal advice, but we can prepare the documents  you request.  Some of these would be divorce documents, custody, modifications of existing orders, bankruptcy, expungements, estate work, forming trusts, wills and much more.  Mortgage Modifications Services obtains mortgage modifications.  I have 40 years in the real estate and mortgage industry and for 3 years now, I have obtained 100% of the modifications sought after by my clients.  Again, very fair and modest fees.  We also answer the summons you received regarding foreclosure. Free consultation, do not hesitate to call and ask your questions.

    Question: When did you start your business? Why did you decide to start your own business?
    Your Answer: Paralegal Temps was started over 3 years ago.  There is a major need for legal assistance that is affordable.  Attorneys are outrageously priced and most of the work is done by the paralegals anyway.  I also am knowledgeable in obtaining mortgage modifications and most of my clients have come to me after they have paid attorneys thousands of dollars only to find that the attorney is only getting them a 30 days extension each month.  This is because they have no idea how to obtain a modification.  My fees are flat fees, no monthly payments and the attorneys shouldn't be charging you up front money and monthly payments.  It doesn't cost that much money to get a modification done, if you know what you are doing.

    Question: Did you quit your "day job" to start your business?  How did you initially fund your business?
    Your Answer: Forming this new business was an evolution.  I had a mortgage company for 23 years and when I lost it, I was devistated and knew I needed to take a new path.  After going back to college to finish my education and getting a degree in Paralegal studies, I opened up a paralegal company.  I employ other paralegals all over the US.  We all work from home offices, that is how we keep the overhead down and pass the savings along to our clients.  After nearly losing my own home and doing a modification for myself, I realized that helping others save their homes was truely what I needed to do.  I have help somewhere around 60-70 clients save their homes over the last 3 years.  Up until now, I have self-funded, including incorporating and office equipment.  At this time, I would love to find some additional funds to be able to market and advertise to let more people know what we do and how we can help them.  It's hard for people to contact me for help if they don't know I'm out here.

    Question: What has been the biggest challenge in running your company? 

    Your Answer:  The biggest challenge has been lack of cash flow to hire additional help in the office and be able to advertise.  Perhaps if we charged more for our services, we would be able to do that, but it defeats our purpose of providing quality work at fair and moderate fees.

    Question: What’s been the biggest opportunity that came from owning your business?
    Your Answer: I have been self employed most of my life.  I could never work for someone else.  I enjoy the freedom, making the decisions and just running things my way.

    Question: What has surprised you most about being your own boss?
    Your Answer:  That somehow I make ends meet even when it doesn't look like you are going to be able to pay the bills, somehow the money is always there.

    Question: Is there a success tactic you’d like to share that could help other business owners (i.e. implementing new software, tactic to grow sales, etc.)?
    Your Answer: The only thing I can say from a sales point of view, is to give your card to everyone you meet.  Word of mouth is probably the best form of advertising, especially if you don't have the money for real advertising.

    Question: What’s the best piece of advice you could give to other small business owners?
    Your Answer:   Rome wasn't built in a day and neither will your business.  You have to keep at it.