If your bank is trying to foreclose on your home we can provide active and aggressive help. We will answer the complaint and actively defend it in state court. Our Chicago foreclosure defense attorneys will look for violations of the chain of securitization.
In today’s mortgage marketplace, many people’s mortgages have been packaged as securities with other mortgages and sold and resold multiple times to different investors. Given these transfers of ownership, it can be difficult to determine who actually has the right to foreclose on your property.
At Benjamin Brand LLP, we will make whatever bank is trying to foreclose on your home prove that they actually have the right. For many of these banks, proving that they are the right party to be foreclosing on your house can be very difficult. Any error in the chain of securitization or title can derail a bank’s attempts to foreclose on your property.
Creating that level of difficulty for those banks can be a great incentive for them to accept a proposal for a loan modification that actually helps you stay in your home.
If a bank is unwilling to cooperate and accept a loan modification that will keep you in your home, we always have the option of filing for Chapter 13 bankruptcy. The automatic stay that occurs when you file for bankruptcy will put an immediate halt to any foreclosure proceedings and any other collection activities. You can utilize the Chapter 13 repayment plan to catch up on late mortgage payments.
We can help you fight foreclosure. Call 312.853.3100 or contact us to schedule your free initial consultation. We offer flat fees so that you’ll understand the costs upfront. Se habla español.
The foreclosure attorneys at Benjamin Brand LLP can help understand your options when it comes to keeping your home and protecting your assets.
Bankruptcy is a last resort. There may be alternatives that can help you deal with the financial burden. Call us at 312.853.3100 for more information about our areas of expertise and to find out if bankruptcy is the best option for you.