Experienced Foreclosure Defense Lawyers in Lisle, IL Here to Help
Foreclosures are an all-too-common scenario in today’s world. When mortgage holder is unable to make payments, they face serious consequences such as defaulting on the mortgage loan, losing their home, and a drastically lowered credit score. If home foreclosure is in your financial future, hiring an experienced lawyer may be a smart move in the right direction. Experienced foreclosure defense lawyers in Lisle, IL, help clients with a range of legal matters related to financial aspects. Aside from foreclosures, our team at Advocates Law Group is here to help with a wide range of matters pertaining to your legal interests.
How May We Help You?
At Advocates Law Group, our legal team offers counsel and representation on a wide range of matters in order to better serve our clients. We offer legal services for both individuals and business owners when facing a legal battle related to finances, debt, or real estate. Let our experienced lawyers fight your legal battles when it matters most.
WHAT WE DO
Committed to Clients
With a focus on providing clients with individualized legal guidance rooted in compassion, our foreclosure defense lawyers are ready to fight for you. We place the best interest of clients at the core of every case. At Advocates Law Group, we work with clients to find the best outcome based on the specifics of their situation. Whether the legal matter is related to business or personal financial concerns, our team of foreclosure defense lawyers in Lisle, IL, make your case a priority to help reach a timely, reasonable outcome. While other law firms may leave clients in the dark, we communicate with you consistently and openly about the available options for your case.
Client Success Stories
WHAT WE DO
How We Can Help?
The law can be complex and confusing to the average person. With a team of knowledgeable and experienced foreclosure defense lawyers, find answers to difficult legal questions without overwhelming stress. Aside from answering questions, our team at Advocates Law Group works to put together a strong case through consultations, gathering information relevant to the situation, ensuring proper paperwork and documentation throughout the process, and creating the best strategy to move forward regarding the matter at hand. We will also represent you on behalf of your best legal interests when negotiating with other legal parties, such as lawyers, banks, debt collectors, and mortgage companies. If the case requires a court hearing, having a foreclosure defense lawyer ready to fight for you may make all the difference. Our team is ready to serve your legal needs when you need us most.
Frequently Ask Questions
Will I be evicted during a foreclosure?
If you are renting a house from a landlord and that house enters foreclosure, most states stipulate that the renter must be provided with a 30-day notice to vacate the premises. If you are the homeowner defaulting on a mortgage, the point at which you will be asked to leave or “evict” the premises is harder to determine. It will depend on the actions the bank or loan company takes in regard to removing the tenants from the property. Some default tenants may be asked to leave within 30 days, while others may be allowed to stay during the foreclosure process and are expected to leave the premises once the foreclosure is complete.
How long does a foreclosure take?
The process of foreclosures has never been a speedy one. It is impossible to estimate an expected time period since it depends on the loan servicer and other factors. A general timeline of foreclosure is roughly a year from the first missed payment to the final auction or removal of the property. This process can be slower and faster depending on legal representation and other matters.
What are my options when facing foreclosure?
Aside from making payments to catch up on the amount overdue, you may be able to save your home in a few ways. The first option is to attempt a loan modification, which may help lower the payments to something more manageable. This can be a complex process and may be more successful with an attorney there to help. The second, less favorable option is to file for bankruptcy. In most cases, filing for bankruptcy will impact your other debts (remove them) so that you can focus all remaining funds on your mortgage to avoid foreclosure. Before taking this step, it is best to speak with a lawyer on the matter.
Should I file for bankruptcy?
The decision to file for bankruptcy should be considered carefully before taking any legal action. If the debt has become overwhelming and the financial situation (how much you are able to pay) is stagnant, filing for bankruptcy may give you a clean slate. However, there may be downsides to filing for bankruptcy, which is why it is best to discuss your individual situation with an attorney.
What is the difference between filing for Chapter 7 and Chapter 13 bankruptcy?
Chapter 7 bankruptcy typically removes all debts and allows for assets to be liquidated in order to cover debts. Chapter 13 bankruptcy allows for debt restructuring and a repayment plan wherein the remaining debts are forgiven at the end of the agreement. It is important to keep in mind that every financial situation is unique, which is why you should discuss your bankruptcy options with a lawyer to determine whether Chapter 7 or Chapter 13 is right for you.
WHAT WE DO
Choose Advocates Law Group for Your Legal Battles
Regardless of the practice area or specifics of the situation, you deserve reliable legal help and counsel. In some circumstances, the problem, such as unpaid taxes or property foreclosure, will only get worse unless you act. Advocates Law Group may be able to help you find your financial footing again while removing the overall stress associated with financial and legal concerns. Here are a few more reasons to choose Advocates Law Group:
- Reliable legal advice. Legal matters are always confusing and complex. Our team has the knowledge you need to make an informed decision. With years of experience and legal knowledge, we know what to expect and how to reach the desired outcome for your situation. When you have questions, we have the answers you need.
- Faster results. Every legal matter comes with paperwork and forms. When these are forgotten or incorrectly filled out, it is the most common cause of delays. Here at Advocates Law Group, we help ensure faster results by avoiding this scenario altogether. Our team fights for a timely resolution on your behalf.
- We care about clients. Our team will never treat you like just another case number. We are focused on providing clients with individualized legal counsel that is tailored to their situation, needs, and desired outcome. We take the time to listen to clients and work with them to better understand their legal options.
There is no reason to go it alone on important legal issues. Contact Advocates Law Group today at (708) 575-1500 to discuss a free consultation. Let us help you win your next legal battle.