Foreclosure Defense Attorney In Chicago, Illinois

If you are currently at risk of losing your home to foreclosure, the first thing that you need to do is contact a foreclosure defense attorney from our law firm. Our firm is known for providing active, aggressive foreclosure defense in these cases. Not only can we answer the claim, but we can defend it in state court. If your bank is trying to foreclose on your home we can provide active and aggressive help. We will answer the complaint and actively defend it in state court. Our Chicago foreclosure defense attorneys will look for violations of the chain of securitization.

Cases of foreclosure can be difficult because of how often ownership is transferred. It is not uncommon for a mortgage to be packaged with securities and then sold multiple times. When this happens, it can become convoluted and difficult to determine who has foreclosure rights.

In today’s mortgage marketplace, many people’s mortgages have been packaged as securities with other mortgages and sold and resold multiple times to different investors. Given these transfers of ownership, it can be difficult to determine who actually has the right to foreclose on your property.

As a result, one of the first things we do when we take on a case is make the bank prove that they followed legal procedures and actually have the right to foreclose. In some cases, this can be extremely difficult. Should they face an error in the chain of securitization or title, it may be nearly impossible for them to prove that they have the right. Due to this level of difficulty, mortgage lenders may accept a loan modification proposal.

At Benjamin Legal Services, we will make whatever bank is trying to foreclose on your home prove that they actually have the right. For many of these banks, proving that they are the right party to be foreclosing on your house can be very difficult. Any error in the chain of securitization or title can derail a bank’s attempts to foreclose on your property.

Creating that level of difficulty for those banks can be a great incentive for them to accept a proposal for a loan modification that actually helps you stay in your home.