How to avoid foreclosure with unemployment hardship
I agree with my colleagues. There are mortgage companies that will agree to a forbearance agreement for a short time while you are unemployed. ...
Selected as the best answer
Bannockburn, IL
Tax Lawyer at Bannockburn, IL
Practice Areas: Tax, Foreclosure ... +2 more
I agree with my colleagues. There are mortgage companies that will agree to a forbearance agreement for a short time while you are unemployed. ...
Selected as the best answer
If you are filing a Chapter 13, the answer is no. The difference between chapter 7 & 13, in a nutshell: Under chapter 7, debtors leave their...
Foreclosure allows the court to sell real estate to satisfy an outstanding obligation. The personal property within the building does not change;...
Generally, you are correct. The big question here, did you properly serve the bank in order for the court to obtain jurisdiction over the bank?...
Your question is vague. In Illinois, a homeowner always holds the deed to their home. Any liens, including outstanding mortgages must be recorded...
I agree with my colleagues. However, before you can work out ANY resolution to your tax problem you must be in compliance. That means you must...
Every situation is different. I usually recommend that clients wait until it is absolutely necessary before filing bankruptcy. On the other hand,...
A signed consent judgment, simply allows the creditor to receive a judgment against you without having to try the case. The creditor files the...
Yes, If the affidavit relates to something the attorney has personal knowledge of and he uses that knowledge in his/her Response.
A default is the failure to pay a loan. Delinquency is being late paying the debt according to the terms of the loan. So, they are not the same....