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Chicago Foreclosure Lawyer, Illinois


Abraham  Michelson Lawyer

Abraham Michelson

VERIFIED
Bankruptcy & Debt, Foreclosure, Consumer Protection, Tax Litigation

Established in 1972, our knowledgeable legal team can advise you on your rights and options for negotiating a viable solution to your credit woes. We'... (more)

Sandra Margaret Emerson Lawyer

Sandra Margaret Emerson

VERIFIED
Real Estate, Foreclosure, Bankruptcy & Debt

Emerson Law Firm, LLC is a consumer law firm located in Oak Park, Illinois. The firm's attorneys -- Sandra M. Emerson, Matthew C. Swenson, and Richard... (more)

John J. Lynch Lawyer

John J. Lynch

VERIFIED
Bankruptcy & Debt, Real Estate, Estate, Estate Administration, Foreclosure

Over 50 Years of Combined Legal Experience! Experienced Illinois Bankruptcy Law AttorneysAre your financial problems forcing you to consider bankru... (more)

FREE CONSULTATION 

CONTACT

800-952-9511

Colleen  Thomas Lawyer

Colleen Thomas

Bankruptcy, Family Law, Divorce & Family Law, Foreclosure, Real Estate

Thomas Law Office is a family law practice that handles divorce and bankruptcy cases, as well as child custody, child support, adoptions and more. For... (more)

FREE CONSULTATION 

CONTACT

847-426-7990

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Patrick Neil Goodwin

Consumer Protection, Foreclosure, Credit & Debt, Corporate
Status:  In Good Standing           

FREE CONSULTATION 

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John J. D'Attomo

Banking & Finance, Bankruptcy, Corporate, Foreclosure
Status:  In Good Standing           

Chad Hayward

Immigration, Foreclosure, Real Estate, Credit & Debt
Status:  In Good Standing           

FREE CONSULTATION 

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James J. Burns

Bankruptcy, Workout, Foreclosure
Status:  In Good Standing           

FREE CONSULTATION 

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Sarah J. Holbrook

Bankruptcy, Foreclosure
Status:  In Good Standing           

Daniel Winter

Bankruptcy, Foreclosure, Bankruptcy & Debt, Commercial Real Estate
Status:  In Good Standing           

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LEGAL TERMS

HOUSE CLOSING

The final transfer of the ownership of a house from the seller to the buyer, which occurs after both have met all the terms of their contract and the deed has b... (more...)
The final transfer of the ownership of a house from the seller to the buyer, which occurs after both have met all the terms of their contract and the deed has been recorded.

EVICTION

Removal of a tenant from rental property by a law enforcement officer. First, the landlord must file and win an eviction lawsuit, also known as an 'unlawful det... (more...)
Removal of a tenant from rental property by a law enforcement officer. First, the landlord must file and win an eviction lawsuit, also known as an 'unlawful detainer.'

INCIDENTS OF OWNERSHIP

Any control over property. If you give away property but keep an incident of ownership--for example, you give away an apartment building but retain the right to... (more...)
Any control over property. If you give away property but keep an incident of ownership--for example, you give away an apartment building but retain the right to receive rent--then legally, no gift has been made. This distinction can be important if you're making large gifts to reduce your eventual estate tax.

DEVISE

An old legal term that is generally used to refer to real estate left to someone under the terms of a will, or to the act of leaving such real estate. In some s... (more...)
An old legal term that is generally used to refer to real estate left to someone under the terms of a will, or to the act of leaving such real estate. In some states, 'devise' now applies to any kind of property left by will, making it identical to the term bequest. Compare legacy.

JUS COGENS

Principles of international law so fundamental that no nation may ignore them or attempt to contract out of them through treaties. For example, genocide and par... (more...)
Principles of international law so fundamental that no nation may ignore them or attempt to contract out of them through treaties. For example, genocide and participating in a slave trade are thought to be jus cogens.

ACT OF GOD

An extraordinary and unexpected natural event, such as a hurricane, tornado, earthquake or even the sudden death of a person. An act of God may be a defense aga... (more...)
An extraordinary and unexpected natural event, such as a hurricane, tornado, earthquake or even the sudden death of a person. An act of God may be a defense against liability for injuries or damages. Under the law of contracts, an act of God often serves as a valid excuse if one of the parties to the contract is unable to fulfill his or her duties -- for instance, completing a construction project on time.

LEASE

An oral or written agreement (a contract) between two people concerning the use by one of the property of the other. A person can lease real estate (such as an ... (more...)
An oral or written agreement (a contract) between two people concerning the use by one of the property of the other. A person can lease real estate (such as an apartment or business property) or personal property (such as a car or a boat). A lease should cover basic issues such as when the lease will begin and end, the rent or other costs, how payments should be made, and any restrictions on the use of the property. The property owner is often called the 'lessor,' and the person using the property is called the 'lessee.'

OFFER

A proposal to enter into an agreement with another person. An offer must express the intent of the person making the offer to form a contract, must contain some... (more...)
A proposal to enter into an agreement with another person. An offer must express the intent of the person making the offer to form a contract, must contain some essential terms--including the price and subject matter of the contract--and must be communicated by the person making the offer. A legally valid acceptance of the offer will create a binding contract.

RESTRAINT ON ALIENATION

A provision in a deed or will that attempts to restrict ownership of the property -- for example, selling your house to your daughter with the provision that it... (more...)
A provision in a deed or will that attempts to restrict ownership of the property -- for example, selling your house to your daughter with the provision that it never be sold to anyone outside the family. These provisions are generally unenforceable.

SAMPLE LEGAL CASES

Bayview Loan Servicing, LLC v. Nelson

... court: In this mortgage foreclosure action, the circuit court of White County entered a summary judgment in favor of the plaintiff, Bayview Loan Servicing, LLC (Bayview), and against the defendant, Jeffrey Eden Nelson (Nelson). ...

Household Bank, FSB v. Lewis

... The issue in this case is whether the Illinois Mortgage Foreclosure Law (735 ILCS 5/15-1101 et seq. ... [1] Household responded by initiating foreclosure proceedings under the Illinois Mortgage Foreclosure Law (735 ILCS 5/15-1101 et seq. (West 2004)). ...

ABN AMRO MORTG. GROUP, INC. v. McGahan

... The question at issue here is whether a mortgagee must name a personal representative for a deceased mortgagor in a mortgage foreclosure proceeding in order for the circuit court to acquire subject matter jurisdiction. For the reasons that follow, we conclude that it must. ...