Chicago Foreclosure Lawyer Explains – 7 Steps to Illinois Mortgage Foreclosure Law
Foreclosure can be a daunting and stressful process for any homeowner, and understanding the timeline and key milestones can help you navigate this challenging situation more effectively. In Chicago, the foreclosure process is primarily judicial, meaning it involves the court system and follows a specific timeline with various stages. In this article, we will discuss the critical steps and deadlines in the Chicago mortgage foreclosure timeline to help homeowners gain a better understanding of the process and the options available to them.
The 2023 Illinois Short Sale Guide for Selling Your Home to Get Out of Foreclosure
Short sales are the best way for our Chicago community to face financial hardship. A short sale attorney can eliminate debt and help you get your life back. By explaining your difficulties to the Bank, negotiating the price and working with the Court, we rescue homeowners from debt.
What is Mortgage Deferral?
For many landlords, the hot topic around the country is the idea of mortgage deferral. While tenants are concerned with a rent freeze or rent forgiveness, property owners have occupied themselves with avoiding foreclosure. In the USA, 62% of homeowners have a mortgage, and the median payment is $1,100. For most of us, the $1,200 […]
Coronavirus Relief for Illinois Residents
Our full guide to all the help available in Chicago and Illinois for tenants and borrowers with guides for small business loans. Know where to go for help.