Homeowners in foreclosure find themselves in a frightening and
unfamiliar situation. They’ve fallen behind in mortgage payments, usually due
to a business failing or job loss, unexpected expenses or another unfortunate
circumstance. Missing mortgage payments is only one part of more complex
financial distress.
What makes the situation worse are the complexities of the legal
system. The typical homeowner has never been involved in litigation, much less
the foreclosure process. The foreclosure process is highly procedural and
confusing to those not trained in the law. Complicating matters further is the
fact that some of the defenses that may exist to a foreclosure can be found in
federal law, while the litigation almost always takes place in state court.
The attorneys at Perl & Goodsnyder practice foreclosure
litigation and are able to assist homeowners navigate the process.
For more information, please call our Chicago office at 312/243-4500 or visit
our website at perlandgoodsnyder.com.
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