DuPage County Foreclosure Attorneys
Protecting Northern Illinois Residents from Residential Foreclosure
Are you behind on mortgage payments? Have you received a notice of foreclosure from your bank or mortgage company? You may have options. Call 630-932-9100630-932-9100 today.
With offices conveniently located in the Chicago metro area, Mevorah Law Offices LLC works to inform you of all your options, including bankruptcy and non-bankruptcy solutions. Bankruptcy solutions can include filing for a Chapter 13 bankruptcy to buy time to arrange for alternative financing or get you caught up on your mortgage payments. A Chapter 13 or Chapter 7 bankruptcy can buy you time to sell your home and realize any equity you have in the property.
In some situations, we can offer you non-bankruptcy solutions such as negotiating with your lender to allow you to tack your missing payments on the back end of your mortgage, debt forgiveness, and an increased payment for a certain period of time to make up for the missed mortgage payments. Perhaps we can buy you time without filing for bankruptcy to sell your home or secure alternative financing.
Your options will depend on your goals and particular situation. Regardless of how you want to handle your pending foreclosure, don't you owe it to yourself to understand your options so you can make an informed decision?
Avoid Foreclosure: Understand Your Rights and Options
The best way to avoid a foreclosure on your house or property is to make timely mortgage payments. Your mortgage payments should be your top priority.
Another tip for avoiding foreclosure is not to overextend yourself with a debt consolidation or second mortgage without consulting an attorney so that you fully understand the ramifications of your actions.
Many credit card companies and credit counselors, who actually work for credit card companies, may try to talk you into using equity in your home to consolidate your credit card debt. This may take you from having an unsecured debt that can be negotiated down or discharged in a bankruptcy to a secured debt that is secured by your home and subject to foreclosure if timely payments are not made.
Contact an Experienced Home Foreclosure Attorney Today
If you are in financial trouble and considering a second mortgage or debt consolidation, or if you are in jeopardy of having your home foreclosed upon, please schedule a free, confidential consultation by calling us at 630-932-9100630-932-9100. Or, if you prefer, fill out our online contact form so that we can contact you to schedule a consultation.
Pursuant to 11 U.S.C. §528, Mevorah Law Offices LLC is considered a debt relief agency. We will proudly help you file for bankruptcy relief under the Bankruptcy Code if we believe it is in your best interest.