Illinois Mortgage Fraud Lawyers

Frequently Asked Questions

• What options does a creditor have after a borrower defaults?
  There are a variety of legal mechanisms by which a creditor can assert the legal right to recover an unpaid debt.  LawInfo Lead Counsel qualified real estate attorneys provide quality … more
• What is a loan modification, and how will it help me with my mortgage?
    A loan modification occurs when a homeowner enters into an agreement with his or her mortgage loan servicer to change the terms of the mortgage. The goal of a loan modification is to … more
• What do I need to give to my loan servicer if I am requesting a loan modification?
  You are likely to need the following documents for your loan modification request: ·         Recent paystubs or documentation of your monthly gross … more
• Will I be ineligible for a loan modification under the Homeowner Affordability and Stability Plan if I am current in my mortgage payments?
  No. You may still be eligible for a loan modification under the Homeowner Affordability and Stability Plan if you are current in your mortgage payments, but you are struggling to make those … more
• What is required of me to get a loan modification? Will it cost me anything?
  Generally, you must contact your loan servicer about whether your mortgage loan is eligible for a loan modification under the Homeowner Affordability and Stability Plan. You should have your … more