| Read Time: 8 minutes | Foreclosure Articles

A Guide on How to Respond to a Foreclosure Summons

“I got a foreclosure letter, now what?“ If you’ve received a foreclosure summons, it’s in your best interest to consult with a qualified foreclosure defense attorney. At Vantage Group we offer low-cost legal service subscriptions to help folks like you keep their homes and get their life back on track. Foreclosure Summons? Call 24/7 for a Free Consultation: (773)...

Continue Reading

| Read Time: 13 minutes | Foreclosure Articles

What is the Foreclosure Process in Illinois?

Facing foreclosure? Start by reading this guide to Illinois foreclosure law, then contact Vantage Group Legal for immediate help. Anticipating or dealing with the foreclosure process in Illinois can be an angst-ridden time for anyone. Tendencies can be to ignore the possibility of foreclosure, try to handle the foreclosure case alone, or be angry about the circumstance but not...

Continue Reading

| Read Time: 11 minutes | Foreclosure Articles

How To Stop Foreclosure in Illinois

If you have missed mortgage payments or your lender has filed a Notice of Default (NOD), you might feel like there is nothing you can do to prevent the loss of your home. Facing foreclosure is stressful, legally complex, and a danger to your credit. But you are not without hope. In Illinois, there are legal avenues an experienced...

Continue Reading

| Read Time: 7 minutes | Foreclosure Articles

How to Get Foreclosure Help in Chicago

Facing foreclosure in Chicago? This article lists free resources for you to explore, and explains your options for resolving your foreclosure issue. Home foreclosure is the process by which you lose legal ownership of your property. Receiving a foreclosure notice can be overwhelming. This process occurs several months after months of missed mortgage payments.  Many Chicago area homeowners are...

Continue Reading

| Read Time: 5 minutes | Foreclosure Articles

Who are the Best Foreclosure Lawyers in Chicago?

There are few legal circumstances where the stakes are higher than when your house is under foreclosure. At Vantage Group Legal we were founded on the belief that folks who face losing their homes are entitled to the highest quality legal representation, at an affordable price. We also know that people who are facing foreclosure are vulnerable, and far...

Continue Reading

| Read Time: 5 minutes | Foreclosure Articles

When Is it Too Late to Stop Foreclosure?

Homeowners have many possible options before foreclosure happens. The only time it is finally too late is when the house has been sold at auction after a court approves the sale.  General Timeline of Foreclosure Proceedings Lenders must make a decent amount of effort to attempt to help the borrower avoid foreclosure. Here is a brief timeline of what...

Continue Reading

| Read Time: 4 minutes | Foreclosure Articles

The National COVID Foreclosure Moratorium Has Ended

On June 25, 2021, the Biden administration and the Federal Housing Finance Agency (FHFA) announced that the national foreclosure moratorium ends on July 31, 2021. However, many borrowers are still experiencing hardships related to COVID and remain seriously delinquent. The mortgage industry is anticipating a high volume of foreclosures and an overwhelming amount of assistance requests. The Biden administration...

Continue Reading

| Read Time: 4 minutes | Foreclosure Articles

Can a Bank Foreclose if Payments Are Current?

Foreclosure most commonly refers to a lender taking possession of a property for non-payment of a mortgage loan. However, the status of mortgage payments is just one cause of foreclosures. Other causes include the owner’s unpaid debt to other parties, a homeowner not meeting other aspects of the loan agreement, and payments misdirected to the wrong lender.  Therefore even...

Continue Reading

| Read Time: 6 minutes | Foreclosure Articles

COVID-19 Forbearance

Legal and real estate professionals expect foreclosures to be on the rise in 2021. Fortunately, the federal government is aware many people are struggling due to COVID-19. Forbearance avenues, therefore, exists to assist homeowners.  If you are a homeowner genuinely unable to meet your mortgage obligations, you should explore all avenues of mortgage forbearance. COVID-19 or other life challenges...

Continue Reading

| Read Time: 8 minutes | Foreclosure Articles

How To Get Help With Foreclosure

If you are fearing foreclosure, an experienced Chicago foreclosure defense attorney can analyze whether you are at risk. If you are, they can help prevent foreclosure and protect your credit. Do not let the fear of foreclosure paralyze you. Be proactive by understanding your rights and using available courses of action. Let’s answer some questions you may have about...

Continue Reading