If your going though foreclosure and another party buys your loan. Does that new party have to start the court over

They are correct, a motion to substitute would probably be filed by the plaintiff, UNLESS the new party that supposedly bought the loan actually...

I'm still confused about the law. Is it legal to be a foreclosure consultant in Illinois without a law license?

Illinois has a mortgage fraud rescuers act that specifically outlines who can or cannot provide foreclosure assistance. It contains a carve out...

Can someone get in trouble for renting a house that's in foreclosure?

There is nothing morally wrong with renting the house. Your friend still owns the house. The foreclosure process is at least 10-12 months long,...

IN REM Deficiency in IL?

In rem deficiency means the bank has chosen to get a judgement lien placed on the property versus a personal deficiency against the person. So...

A judgement of foreclousure was entered (case is pending ) last Monday. On the same day I got a contract(shortsale) price.

IMMEDIATELY HIRE AN ATTORNEY!!! The attorney should see if you were properly served and 1) file a motion to challenge service if applicable 2) a...

In Illinois, it legal to give online consultations on how to avoid foreclosure? Do I need a license?

Foreclosure is a very complex legal process. The banks are also given great favor by the courts despite the errors, false documents and other...

Bank bought house back, through foreclosure sale,

Redemption is a one way street. There are two types. Straight Redemption which is merely paying the bank everything that is owed and the second...

I file chapter 7 in july of 2010 at the time i was in communication with my bank about my morgage .

There is some misinformation being passed around on this thread. Your wife being on the title is what gives her the ability to refinance. In...

I hiring a lawyer to do a short sale of $3500 up front in 7/2011 in 2012 $750 more now I am in Foreclosure. No short sale

Your not alone. Many people are going through exactly what you are facing. The other advice is correct. You need to find a qualified and...

They are all right. Especially the fact you need to find a competent foreclosure attorney. You probably have many defenses available to you and the...