Our foreclosure clients usually come to us confused
and nervous after being overwhelmed in what seems like endless paper. They
often feel like they don’t have any options and that the bank is going to come
and immediately take back their house. This isn’t necessarily the case.
Borrowers almost always have several options and banks are often willing to
work with homeowners, especially when the borrower has counsel. Some of the
options in foreclosure may include refinancing, a loan modification, a deed in
lieu of foreclosure, a short sale, fighting the foreclosure in court or even a
bankruptcy. Figuring out the best option depends on your individual
circumstances.
Please feel free to give the attorneys at Perl &
Goodsnyder a call regarding your foreclosure case. We are general practice
attorneys with years of litigation and real estate experience. Please feel free
to contact our office via telephone, 312/243-4500, or visit our website at www.perlandgoodsnyder.com/
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