Cook County Foreclosure Defense Attorney

Chicago Area Lawyers Fighting Foreclosures

When you have worked hard to purchase a home or commercial property, one of your greatest fears may be losing your property in a foreclosure action. Even hearing the term "foreclosure" might send shivers down your spine. If your home or commercial investment is threatened by foreclosure, you are under an incredible amount of stress. Fortunately, there are ways that an attorney can fight back to protect your property from being foreclosed on.

Whitacre & Stefanczuk LTD understands what is at stake when you are facing foreclosure. You have put too much blood, sweat, and tears into your real estate property to lose it without a fight. Financial struggles can hit anyone, and they are often temporary. If you are in danger of being foreclosed on, you need a tough lawyer to help you keep your property. We are ready to step in and resist foreclosure with every legal tool in our arsenal.

Cook County Lawyers Helping Homeowners Prevent Foreclosure

When the home your family lives in is at stake, protecting your property is beyond important. The stress of the situation you are in can be utterly overwhelming. Even if you are a landlord, it is likely that you rely on the income earned through your property to support your family. We have helped many families who are in this situation, often through no fault of their own.

In many cases, families facing foreclosure have been taken advantage of in some way. We routinely turn up violations of the Truth in Lending Act, the Real Estate and Settlement and Procedures Act, or the Unfair and Deceptive Trade Practices Act. If you are a victim of predatory lending, or if you have been deceived, we will find out and use this information to protect you.

Our goal is to keep you in your home, where you belong. We will be incredibly thorough in exploring all legal mechanisms we could use to save your home.

Foreclosure Defense for Chicago Area Commercial Properties

Commercial properties are an investment, and sometimes a risky one. You may have planned to rent out the property, or you could have purchased it to start your own business. When a commercial property is threatened by foreclosure, the business operating in it is also threatened.

Commercial real estate transactions can be incredibly complex. We start by reviewing every document you signed when you bought the property to seek out potential defenses. Our attorneys will explore every possible avenue that could help you keep your property and keep a foreclosure off your record.

Strategies for Preventing Foreclosure in Illinois

Each foreclosure case is unique, and so is every solution. Some solutions are easier than others, but rarely is a case hopeless. A lot depends on the specific circumstances of your situation and the details of how you came to acquire this property.

In some cases, bankruptcy is an option. Filing for bankruptcy can bring a halt to the foreclosure process. In many cases, a payment plan that lets you keep your property can be negotiated.

We will also conduct a deep dive into the sales agreement, mortgage papers, and any other documents involved in the sale. Far too frequently, we uncover a violation of Illinois laws that are designed to protect landowners, such as those related to predatory lending. Particularly if you were not represented before and during closing, you may be surprised with the information we find.

Another way we can protect property owners is by policing the plaintiff in your foreclosure action. We sometimes find that the party who is attempting to foreclose has not followed the proper legal procedures or that they do not have the legal right to foreclose in the first place.

Our attorneys will do everything in our power to protect your real estate property from being foreclosed on.

Get Help From a Cook County Foreclosure Defense Attorney

Whitacre & Stefanczuk LTD is skilled at protecting Cook County property owners from being foreclosed on. The sooner you call us, the sooner we can start working to help you. Time is of the essence in stopping foreclosure. Contact us online or call 773-622-6100 for a free consultation. We serve clients throughout Cook County in Chicago, Palatine, Des Plaines, and Schaumburg.