Chicago Foreclosure Defense Attorney
Allow Borden Law Firm, P.C. to Help You When You Need it Most
If you own a home in Chicago or the surrounding areas and are currently facing the threat of foreclosure, the first thing to know is that you are not alone. According to RealtyTrac, Illinois has one of the highest rates of foreclosure in the nation. In fact, only Florida, Nevada, and California have higher foreclosure rates than our state, where nearly 11,500 properties - 1 in every 461 houses - are being foreclosed. In comparison, the nationwide rate is 1 in 810.
Within Illinois, the highest concentration of foreclosures by far is in Cook County, followed by Lake County, Will County, and Du Page County. The fact that foreclosure is common in Chicago does not mean that it has to happen to you. Our Chicago foreclosure defense lawyer at Borden Law Firm, P.C. may be able to help you keep your home or make a clean break while also avoiding negative consequences for your financial health.
Call (312) 702-1809 to schedule your free case review today.
Helping You Avoid a Foreclosure in Chicago
At Borden Law Firm, P.C., we understand the unsettling situation in which you find yourself, and our goal is to help you get through this in a favorable manner. We work hard to provide you with any defense that fits your needs. Our firm strives to exhaust every legal avenue to help you avoid foreclosure.
Some of the ways we can help you include:
Do I need legal counsel?
You are not legally required to hire a lawyer to represent you in any aspect of the foreclosure or short sale process. You are entitled to represent yourself in any and all negotiations with the bank, as well as speaking on your own behalf in court when necessary. The question is, however, why would you want to? Real estate and financial transactions are already complicated enough, without adding in the complexities of state and federal law.
Even minor mistakes or omissions in handling the case could end up costing you greatly. You could fail to prove your case against the foreclosure, the bank might deny your request to approve a short sale, or even if you are allowed to sell for less than the loan balance, you could be sued for the deficiency. There is simply too much at stake to take any chances with the outcome. We strive to make our services affordable to our clients, and in everything we do we always work to achieve the best possible results.
Contact us now for a free consultation to learn more about your options.