Borden Law Firm, P.C. is a foreclosure defense and debt settlement law firm located in Chicago, IL. The firm is passionate about helping individuals that have fallen behind on mortgage payments or have received a foreclosure notice from their lender. Losing your home can be one of the most stressful and devastating experiences and the Chicago foreclosure defense lawyers from the firm want to help. One of the ways that Borden Law Firm, P.C. may be able to help is by pursuing a short sale and negotiating that option on your behalf. Another popular option would be to negotiate a deed in lieu of foreclosure. If you are at the point of giving up your home and moving forward after a long struggle against foreclosure, this may be the best option for you. You may be able to wash your hands of the property by surrendering the deed to the bank without them pursuing the remaining amount on the loan.
There are also other choices, such as strategic default that is another way to go about foreclosure if you do not have the funds to pay your mortgage. It is also important to be aware of the safety precautions including waivers of deficiency, so you do not end up owing money you thought was forgiven. If you need assistance dealing with your financial hardships or are facing the prospect of foreclosure, contact a Chicago foreclosure defense attorney from the firm! Feeling trapped in your home or being underwater on mortgage payments can be frightening and distressing, a skilled foreclosure defense firm can help. Borden Law Firm, P.C. offers a free no obligation consultation so you are able to discuss your case and ask questions at no cost.
Call the firm today to discuss your options and see how they may be able to help you in your time of need.