If you have received a foreclosure notice, it does not mean that you have already lost your home, despite what many people may think or try to tell you. This notice is the first step in the foreclosure process that may take weeks or months to complete. It is important that you understand this process so that you have more control over the outcome and you understand your options for stopping the process altogether.
As the "Stop Foreclosure Attorney," attorney Ernest B. Fenton has helped many homeowners keep their homes even after receiving a foreclosure notice. In some cases, he has been successful in stopping a foreclosure sale on 24-hours notice. You still have options and rights that you can exercise by speaking with an experienced lawyer. Our firm, the Law Office of Ernest B. Fenton P.C., is efficient and diligent in representing homeowners throughout Cook County and the Chicagoland area.
Save Your Home With a Cook County Attorney
After the bank has not received a monthly mortgage payment, it will typically send a missed-payment notice with a warning about sending in the payment to avoid further action. If your payment is 30 days late or more, the bank may send a notice of default. This notice may state that if payment is not made right away, the bank could take further measures, including foreclosure.
If you do not respond to the notice of default in a manner that satisfies the bank, it may initiate formal foreclosure proceedings by filing a Complaint in the county where your property is located. It is not until the actual foreclosure sale that you will lose your home and have to move out.
There are many opportunities within that process for you to speak with a lawyer, halt the process and either get current again on your mortgage or cede the property. We can help you take advantage of your opportunities and protect your short-term and long-term interests.
Let Us Help You Gain an Understanding of the Foreclosure Process
Talk to attorney Ernest B. Fenton regarding the process of Illinois foreclosure defense. Send us an e-mail describing your situation or call us at 708-365-8624 or toll free at 800-416-9387 to schedule an appointment with an experienced attorney.
