Chang & Carlin -Need Legal Representation with Foreclosure?
The Cost of a Chicago Foreclosure Attorney is Lower Than Homeowners May Believe. Chang & Carlin Recommends Involvement as Early as Possible in a Potential Foreclosure Situation.
Online, December 23, 2010 (Newswire.com) - People who may be facing foreclosure tend to wait until foreclosure is inevitable to contact a foreclosure attorney. The Chicago bankruptcy and foreclosure firm of Chang & Carlin recommends instead that homeowners find an attorney as soon as foreclosure becomes a possibility.
Homeowners in Chicago and the surrounding Illinois suburbs have a number of options if they feel they may be facing foreclosure. However, many people don't realize what they may be able to do because they wait until the last minute to get a foreclosure attorney involved. That's why Chang & Carlin, a premier Chicago foreclosure and bankruptcy law firm, recommends homeowners secure the services of a Chicago foreclosure attorney as soon as possible after they feel foreclosure may be in their near future.
Once a homeowner misses one mortgage payment, it is extremely difficult to get back on track. In fact, odds are that if this happens to you, you will not be able to catch up. Keep in mind that most banks will never accept partial payment. This means that if you don't have the entire amount (including late fees, previous months mortgage payments, tec), they can refuse any partial amounts. It can be easy to convince yourself that you'll be able to earn a little extra over the next couple months or clamp down on your expenditures in order to save enough money to pay what you owe, but the sad truth is that this rarely happens in real life. Unless you have a guaranteed means of earning more income in the future, it's time to look for a Chicago real estate attorney who can help you determine your options. While Chang and Carlin cannot guarantee that you will remain in your home, they can certainly help protect your legal rights as much as possible.
In some situations, you may be eligible for a loan modification, in which your interest rate or principal or both may be lowered. As has recently been demonstrated with holds on foreclosures by major banks, your mortgage provider may not be able to prove they own your mortgage. However, in the vast majority of cases, foreclosure may be all but inevitable and bankruptcy may be your only recourse to prevent that from happening. That's why you need a real estate attorney who can examine your situation and recommend a course of action that is most appropriate for your family and financial situation.
People in dire straits tend to shy away from real estate attorneys due to the perceived cost, but Chang & Carlin offers a free initial consultation and follow-ups at extremely reasonable rates. Learn more and schedule your free consultation at: http://www.changandcarlin.com/
Media Contact:
Greg Smith
1305 Remington Rd
Schaumburg, IL
USA
2078501837
http://www.changandcarlin.com