Jim Magee is the founder of Magee Hartman, P.C., formerly known as Magee, Negele & Associates, P.C. He has been practicing law in Lake County, Illinois for over 35 years. Jim has extensive experience in bankruptcy, both individual and business/c...
Practice areas & skills: Foreclosure, Bankruptcy & Debt, Commercial
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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.