Mark Grochocinski obtained his undergraduate degree in journalism from the University of Illinois in 1977 and his law degree from the Loyola University of Chicago Law School in 1980. He co-founded and helped manage for more than 30 years a success...
Practice areas & skills: Foreclosure, Commercial, Contracts & Agreements, Debt & Lending Agreements, Debt Collection
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Homeowners threatened with losing their home through a bank foreclosure may benefit from the services of a real estate foreclosure attorney. When you buy a home, you usually get a bank loan and agree to repay it with monthly payments. If you fail to make the payments, the bank can start a foreclosure action, which enables them to sell your home to pay off the loan. Foreclosure laws are very detailed and strict about the process the bank must follow. A foreclosure attorney can explain your options to avoid a foreclosure sale, and help you to decide the best course of action for your situation.