Archive for the ‘Uncategorized’ Category


Backround

I created this website to help the thousands of Michigan families faced with the foreclosure of their home. Whether you are in foreclosure, facing a short sale, or even a bankruptcy I sincerely hope that the information on this site helps you to make an informed decision. John Disclaimer None of the information on this [...]

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Summary of Illinois Foreclosure Laws

Judicial Foreclosure Yes Non-Judicial Foreclosure No Security Instruments Mortgage Right of Redemption Yes, limited Deficiency Judgments Varies Time Frame Usually 210 days Judicial foreclosure in Illinois begins with the filing of a suit to obtain a judgment of foreclosure; and the filing of a lis pendens, which is a legal and public notice of intent [...]

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Foreclosure Laws & Procedures, Talking Law TV

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Five Warning Signs of a Loan Modification Scam

http://www.expert-loan-modification.info. Many American homeowners today are falling behind on their mortgage payments. Sadly, a close family member was one of them. Faced with the threat of foreclosure by his bank he started looking into the possibility of refinancing the mortgage to reduce his monthly payments. He knew that if he could get the payments down, [...]

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The following news articles contain references to Illinois’ foreclosure problem

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