Category Archives: Chapter 13
Illinois Attorney General Goes After Robo Signers in Chicago Foreclosures
The Illinois Attorney General recently expanded its probe of alleged “robosigning” of mortgage foreclosure documents, announcing subpoenas to two Florida-based mortgage servicing support providers, the Chicago Tribune reports. This is welcome news for many of the thousands of homeowners who are dealing with foreclosure in Illinois. Chicago Foreclosure Defense Lawyers have years of experience helping… Read More »
Georgians’ Dream of Owning a Home Dropping; Bankruptcy and Foreclosure Defense are Options
A recent report by The New York Times states that the percentage of homeowners has reached 1998 levels and could continue declining to levels not seen for 30 years as people are trapped in upside down mortgages and dealing with foreclosures in Atlanta and elsewhere. Atlanta Bankruptcy Attorneys have seen the frustration experienced by homeowners… Read More »
Atlanta Residents Continue to Seek Bankruptcy Protection in Record Numbers
The latest statistics show the number of bankruptcy filings fell 6 percent in the first quarter of the year, although they still remain at record levels, CNN reported. Our Atlanta bankruptcy lawyers continue to help consumers dealing with bad mortgage debt, credit card debt and medical bills. Nationwide, more than 340,000 people filed for bankruptcy… Read More »
Bankruptcy Filings Decline 6 percent but Chicago Bankruptcy Attorneys continue to Assist Record Number of Clients
CNN is reporting that six percent fewer consumer bankruptcy filings were reported in the first quarter of 2011. At first blush, that sounds like good news. The truth of the matter is that bankruptcy filings are at historically high levels. Chicago bankruptcy attorneys continue to handle record numbers of filings for consumers who are dealing… Read More »
How Foreclosure Affects Chicago Homeowners’ Credit Scores
Everyone wants to know if bankruptcy will leave a black mark on their credit score. Yet few seem to consider the credit consequences of foreclosure. This month we talked about bankruptcy’s impact on credit – initially, filing can drop your score by a one or two hundred points. Of course, as your debt disappears, you… Read More »