Few people know much about the process. Foreclosure law is a very specialized area of the law. Because no two Foreclosures are identical, general answers are often wrong. Finding individuals to give good advice is often difficult.
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Why is it so difficult to get a straight answer about the Foreclosure Process?
Few people know much about the process. Foreclosure law is a very specialized area of the law. Because no two Foreclosures are identical, general answers are often wrong. Many Non-Attorneys claim that they are qualified to assist financially distressed individuals, but in reality if they do not have sufficient knowledge of the law, or experience with the many difficulties and solutions provided by Illinois Mortgage Foreclosure Act and the other State and Federal Laws, these Non-Attorneys will likely do more harm than good.
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What do you need most right now if I am missing payments or about to start missing payments?
Gather Information, Information, Information. Then Research. Research. Research to verify the accuracy of that information. Our best Clients have been those who have been proactive and who are informed about the process and want to cure their fear with accurate information. Use our website and the many useful links attached to discover the truth regarding the Foreclosure Process and the potential rights you have against the Bank and their Attorneys based on the loan you currently have. The best tool to arm you and your Family with right now is information. Beware of the many scams that are offered to you that sound too good to be true. Defend yourself against dishonest individuals who will attempt to take advantage of you and your Family at this time. Check out the Illinois Attorney General website or contact us for a consultation regarding Predatory Lending Claims and the defenses that you may have against the Bank for issuing you a defective loan.
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Hire an Experienced Attorney as soon as possible?
Your Attorney can present any defense available to you to the court. It is in your best interest that a default judgment not be entered against you. You should hire an Attorney as soon as you believe you are falling behind, but never later than within the first 30 days after you receive the Summons and Foreclosure Complaint. The best time to at Least consult with an Attorney is before you start missing payments, as that is the best stage to formulate a long term strategy for relief. Do not wait to be sued to consult an Attorney, because that is no different than waiting to open your eyes until after you trip.
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