by web | Dec 10, 2020 | Foreclosure Defense
The coronavirus pandemic has brought with it serious financial trouble for many individuals. From being furloughed to facing reduced hours or pay cuts, it’s left many Americans struggling to pay their monthly bills. The federal government recognized that these...
by web | Nov 19, 2020 | Foreclosure Defense
Facing a foreclosure can be a devastating experience for homeowners. In addition to losing your home, other negative impacts of foreclosure can be long-lasting, as well. For example, foreclosure can harm your credit and will be viewed as a negative event in your...
by web | Nov 4, 2020 | Foreclosure Defense
Given the current state of affairs, more Illinois homeowners than normal are concerned that their bank could foreclose on their home. The good news is that you typically have several months following a delinquent payment before your lender can initiate foreclosure...
by web | Sep 23, 2020 | Foreclosure Defense
A reverse mortgage is almost the opposite of a regular mortgage. With a regular mortgage, you take out a loan so you can buy a house and then you make small payments on it until you pay off the mortgage completely. With a reverse mortgage, however, you already own the...
by web | Aug 26, 2020 | Foreclosure Defense
A forbearance agreement is an agreement with a lender where the borrower (or homeowner) is allowed to skip or make reduced mortgage payments. The biggest misunderstanding about them is that the homeowner still owes their lender the money they didn’t pay. The time...
by web | Aug 20, 2020 | Foreclosure Defense
Not being able to afford your mortgage payment is stressful, embarrassing, overwhelming and confusing. Every day you go without making your mortgage payment, your mortgage balance keeps going up, up and up. Late fees, legal fees and other fees keep compounding but you...
