Chicago Attorneys on Foreclosure and Bankruptcy Topics
What are the Benefits of a Short Sale?
Wednesday May 27th, 2015

Short sales occur when an individual sells their property for less than their mortgage balance. This may seem counterproductive, but a short sale may be the best option in certain situations. If you have incurred real estate debt, it may be an applicable option. Short sales commonly take place as a substitution to foreclosure. The extra fees […]

What is HAFA?
Sunday February 22nd, 2015

The Home Affordable Foreclosure Alternatives Program or HAFA is a government solution for those who can’t afford their mortgage payment and need to transition to more affordable housing. HAFA provides two options for those transitioning out of a mortgage they can no longer afford: Short Sale –  the mortgage company lets you sell your house […]