Chicago, Illinois, Real Estate Lawyer
Helping Homeowners Stop Foreclosure
If you have fallen behind on mortgage payments and face the foreclosure of your home, The Slater Firm, Ltd. can help defend you. Whether through negotiation with your lender for favorable mortgage terms or litigation in the courtroom, there is a way to stop or temporarily prevent home foreclosure. An experienced attorney can help you understand your options and move toward the best solution.
At The Slater Firm, Ltd., we have over 15 years of experience serving individuals in Cook County, Lake County, and throughout Northern Illinois. Attorney B. James Slater is also a licensed real estate broker with a nuanced understanding of the issues facing homeowners that face foreclosure. We help you make the right choices during a difficult time. Contact our office online or call us at 312-424-4100 for a free consultation.
Experienced Counsel in Foreclosure Defense
Our goal is to either help you walk away from your home under advantageous terms or help you refinance and restructure your mortgage loan so that you can save your home.
Whether you are behind on mortgage payments or have already been served with a foreclosure notice, we can help you. Among the strategies that we can employ are:
- Raise legitimate defenses to any right to foreclose. We review all mortgage documents to ensure that your rights were not infringed. We confirm that your lender followed proper foreclosure proceedings, including those involving the foreclosure notice and service.
- Seek the refinancing or restructuring of your mortgage. These days, many homeowners are "under water," where the appraised value of the home is less than the mortgage note itself. We negotiate to restructure your loan, seeking a change in the interest rate or the length of the mortgage, if possible, so that your payments become affordable.
- Negotiate a short sale. We can help you walk away from your mortgage obligation by arranging a short sale of your home. For more information, see our page on short sales.
Contact Us
For a free consultation, contact us online or call us at 312-424-4100. Our office is open weekdays from 9 am to 5 pm. Evening, weekend and off-site consultations can be arranged. We are located in the heart of The Loop.
Aggressive Advocacy. Exceptional Results.
