Stop Foreclosures

Alternatives to Foreclosure

All too often, when homeowners receive the first notice of an impending foreclosure, they take rash action. They may run out and refinance their home at extremely unfavorable rates, for example. Or they may respond to one of the numerous advertisements they receive from fly-by-night "foreclosure defense" agencies. This can make a bad problem even worse.

Straight Answers, Effective Strategies

If you are facing foreclosure, you need straight answers and effective strategies for resolving your financial problems. That's what we provide at the Law Offices of Serpe, Dizonno & Associates.

Our attorneys will sit down with you, talk about your situation and review your financial documents. Using our knowledge of the mortgage business, finance, and the law, we will develop a plan to help you through this difficult time in a manner that is most advantageous for you.

Don't rush into a loan you'll regret. You have the time to make an informed decision about your financial future. Foreclosure takes a minimum of seven months in DuPage County and a year or more in Cook County.

Bankruptcy Stops Foreclosure Actions

Bankruptcy is one way to stop foreclosures. After filing bankruptcy, the court orders an automatic stay. This prevents creditors from foreclosing on your home — at least until the bankruptcy action is complete. It also stops harassment by creditors.

Loan Modification

You may not need to file bankruptcy to avoid foreclosure. Many homeowners could keep their homes if their loans were modified. Our lawyers regularly help homeowners afford to stay in their homes through loan modification.

Other options for stopping foreclosure include loan forbearance, a short sale or a deed in lieu of foreclosure. Our attorneys will explore all of your options and explain them to you.

Don't lose your home if you don't have to. Contact the Law Offices of Serpe, Dizonno & Associates for a free consultation. We represent homeowners in DuPage County and Cook County, Illinois.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.