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STEVEN IVY P.C. - Illinois Law Firm - Real Estate - Receivership & Foreclosure
Steven Ivy - Illinois - Law Firm - Real Estate Law- ALTERNATIVES TO FORECLOSURE -- The entire foreclosure process may take up to 15 months. If you act early enough, you may qualify for a loan forbearance program, a short sale, or a deed in lieu of foreclosure. Either one of these options is better than losing your house at the public action. On the other hand, if you don't qualify for any of these options, you should consider bankruptcy relief. Here, you'll be given a chance to fix your financial problems by agreeing to a new payment plan.
STEVEN IVY P.C. - Illinois Law Firm - Real Estate - Receivership & Foreclosure
Steven Ivy - Illinois - Law Firm - Real Estate Law- ALTERNATIVES TO FORECLOSURE -- The entire foreclosure process may take up to 15 months. If you act early enough, you may qualify for a loan forbearance program, a short sale, or a deed in lieu of foreclosure. Either one of these options is better than losing your house at the public action. On the other hand, if you don't qualify for any of these options, you should consider bankruptcy relief. Here, you'll be given a chance to fix your financial problems by agreeing to a new payment plan.