Archived
How and who do I request a Consent Foreclosure to. Is it the Attorney for the Bank or the Bank themselves?
Drake's answer
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Answered on July 06, 2017
Consent foreclosures are similar to deed-in-lieu of foreclosures. In my experience, however, they are typically negotiated between the attorney for...
What does "dismiss, strike or withdraw a specific defendant" mean in a foreclosure proceeding?
Drake's answer
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Answered on June 27, 2017
There is not enough information available to answer your question. You will actually need to see the court record at the courthouse to know what is...
Archived
Home sold yesterday at foreclosure auction in IL. Tax liens on property. Am I still respon to pay or does the new owner pay?
Drake's answer
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Answered on June 15, 2017
The short answer is that you probably still owe the tax debt. It is extremely likely that your bank sued the IRS in the foreclosure and...
Archived
Last month I filed Chapter 7 with intentions to surrendor my house. Do I get stuck with a Deficiency judgement?
Drake's answer
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Answered on June 08, 2017
I presume that you are in a bankruptcy proceeding and the bank has filed a motion. Usually the purpose of such motion is simply to request that the...
Archived
Is there an advantage to working with a paid attorney in my Chicago foreclosure case?
Drake's answer
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Answered on May 22, 2017
What you're asking is akin to asking whether attempting to perform brain surgery on yourself is a good idea. As someone else said, it's a no...
Archived
Is the marital home community property if it was acquired before the marriage and both names are on the mortgage?
Drake's answer
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Answered on May 08, 2017
You will need to discuss your case with a lawyer that does foreclosures and family law. The problem you have is if you stop paying your portion,...
Archived
Has there been some kind of legislation passed recently that would stop law suits against Mortgage Companies for violations
Drake's answer
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Answered on May 08, 2017
You will want to discuss your case with a federal consumer debt attorney ASAP. You could potentially have a case for violations of the Dodd-Frank...
Archived
Can I avoid foreclosure by filing bankruptcy
Drake's answer
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Answered on May 05, 2017
It depends on her goals and the type of bankruptcy. She really should discuss her case with a qualified bankruptcy and/or foreclosure lawyer. If...
Archived
What is the process when going thru foreclosure.
Drake's answer
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Answered on May 02, 2017
IF your bankruptcy included the mortgage debt AND you have not re-affirmed the debt, then you will have no personal liability in Illinois. It is...
I received a Stipulation for Consent Judgement from the bank, what does this mean?
Drake's answer
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Answered on April 05, 2017
A consent judgment is a unique workout available under the Illinois' mortgage foreclosure law (735 ILCS 5/15-1504). Essentially if all parties...
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