Foreclosure Defense
Facing foreclosure can be a stressful and frightening experience, especially when your home is on the line. Our Chicago foreclosure defence attorneys are here to help you navigate through this challenging time by offering robust legal strategies that can protect your property and possibly prevent foreclosure.
Foreclosure Defense
There are many people that purchased homes during the sub-prime mortgageboom, only to have the value of the property plummet, leading to the inability torefinance at a reasonable rate. Those who were caught in this situation then werefaced with a mortgage payment that was doubled or tripled, with the lenderrefusing to refinance due to the reduced value of the home, or based upon newcriteria for the credit worthiness of borrowers.
You are not alone; many, many people were caught in this position, and arestruggling to stay current on a mortgage on a home that has lost a significantamount of value. Some have second and third mortgages, making matters worse.We know what to do, and we urge you to connect with us before the foreclosureproceedings move forward.
As a consumer, you have rights protected under both state and federal laws. There have been many lenders that have come under fire for lending tactics that are illegal, including some of the largest and most respected banks in the nation. The fact of a pending foreclosure is extremely stressful and frightening – one can feel that there is no hope, or that these big lenders hold all the cards. This is far from true.
You owe it to yourself to find out what could be done in your case, and to speak with a law firm that has years of experience and success in foreclosure defense. The first step is to contact us so we can review your loan documents, your situation, and what exactly has occurred. We are advocates for the “little guy” and we fight back against big lenders that want to take away your property.
Unfortunately, if you just walk away from a property in foreclosure, it won’t end your financial obligations. Should the bank or other lender then sell the property for less than the mortgage amount, which is common, they will hold you accountable for the deficiency, and seek a judgment against you. We have the strategies to end this terrible process and get your situation under control and back on track.
Want to save your home from foreclosure? You have come to the right place!
Contact Us
We would be happy to discuss your needs in person. We are located at:
Address
2625 Butterfield Suite 138s Oak Brook, IL 60523
Phone
Address (Berwyn Office)
6611 Cermak, Berwyn, IL 60402