Almost every business sector in America has drowned in the recent economic recession that was the biggest in the modern American age. The recent drop in the prices of commercial blocks, in addition to the rising rate of unemployment is pressuring investors in the real estate business sector who are struggling to pay their loans. Nonetheless, Obama’s unique commercial debt assistance plan is carrying hope to this pivotal business market.Unemployment has skyrocketed to a level that is threatening the standard of living of a high percentage of American families. Accordingly, more people didn’t afford to pay rents and therefore, preferred to move in with others to decrease their rent monthly pays. This explains the dipping of the occupancy rates of most apartment blocks across America. It is a simple equation; if occupancy is low, the business owner’s income will also decrease. As a matter of fact, about more than 25% of commercial block mortgage holders are having trouble meeting their debt monthly payments and are seeking modifications for their commercial mortgage loans.Obama’s new debt modification program is a rescue plan for commercial mortgage holders who are a step away from foreclosure. The new inclusion criteria have made almost every commercial mortgage holder eligible for debt assistance. Also, some borrowers are even eligible for receiving federal financial aids to help them get off the ground. The eligibility for commercial loan assistance is determined with the aid of the following:- The occupancy rate of the property which would be formulated into an estimate of the monthly income of the business.- Creditability of the mortgage holder.- The net value to mortgage ratio.- History of the borrower as regards punctuality in delivering monthly payments.Eligibility for commercial loan modification programs can be easily examined through the internet. Within a few minutes, many online services can help you determine if you are to be approved for commercial dept assistance programs.Getting the right lawyer can sometimes be the key factor in closing up a commercial loan modification deal. Your attorney should present a loan modification proposal to your lenders. The proposal needs to be formulated by an experienced professional and should include reasons for your asked modification. Financial hardship and decreased occupancy rates should be thoroughly proved with the proper documents and legal papers.Obama is expected to chip in more than 5 billion dollars in the next 10 years to save the real estate market. Commercial debt assistance is a federal rescue plan for the strongly hit real estate business market.