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Foreclosure & Creditor Negotiations

Chicago, Schaumburg, Northbrook, and Wheaton, Illinois, Foreclosure Lawyers

The foreclosure crisis that is sweeping America has many root causes, including the following:

  • Layoffs
  • Out-of-control medical expenses in families
  • Inflation
  • Adjustable rate mortgages (ARM) which result in monthly payments out of the reach of borrowers
  • Real estate "flip" schemes
  • Decline in housing values, which may make it difficult or even impossible for people to sell their homes with enough profit to pay off mortgages

For a Livable Future after Foreclosure

If foreclosure or crushing debts threaten your family's financial stability, you no doubt want to do the best thing and the right thing for your future. Contact an attorney at the law offices of Anderson & Associates, P.C., in Chicago, Schaumburg or Wheaton, to discuss your options.

Negotiation with Creditors

Our lawyers have a great deal of experience negotiating with creditors (including credit card companies and auto loan companies) as an alternative to bankruptcy. We often succeed in helping renegotiate home loans, allowing our clients to stay in their houses while reorganizing their finances. We represent clients whose homes are in foreclosure, whether or not forced home sale will occur in conjunction with a Chapter 7 or Chapter 13 bankruptcy.

Minimizing Liability when Foreclosure is Unavoidable

Sometimes foreclosure cannot be avoided and the best way forward is to minimize liability. Our years of experience in family law, estate planning and bankruptcy translate into efficient, sensible advocacy on behalf of individuals and couples who are at risk of losing their homes to foreclosure. Our attorneys work hard to protect the rights of mortgagees whose houses will be reclaimed by mortgage lenders.

Call or e-mail the law offices of Anderson & Associates, P.C., in Chicago, Schaumburg or Wheaton, to schedule a consultation and learn how we can help you when foreclosure or crushing debts loom as real possibilities.

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Anderson & Associates, P.C.
Family Law Attorneys
Chicago, Schaumburg, Northbrook, and Wheaton, IL

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

Contact Us

Anderson & Associates, P.C.

DuPage County Office
WHEATON

400 S. County Farm Road
Suite 320
Wheaton, IL 60187
Ph: 630-653-9400 (Wheaton)
Fax: 630-653-9450
E-Mail Us | Directions

Cook County Offices
SCHAUMBURG

1701 E. Woodfield Road
Suite 1050
Schaumburg, Illinois 60173-5141
Ph: 847-995-9999 (Schaumburg)
Fax: 847-995-0117
E-Mail Us | Directions

CHICAGO

20 N. Clark Street
Suite 2720
Chicago, Illinois 60602
Ph: 312-345-9999 (Chicago)
E-Mail Us | Directions

NORTHBROOK

707 Skokie Boulevard
Suite 600
Northbrook, IL 60062
Ph: 847-509-9990
E-Mail Us | Directions

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The law firm of Anderson & Associates, P.C. serves clients with bankruptcy and family law matters in Chicago and throughout the northwest suburbs, including Cook County, DuPage County, Lake County, and the municipalities of Arlington Heights, Aurora, Barrington, Bartlett, Burr Ridge, Des Plaines, Elgin, Elk Grove Village, Glen Ellyn, Hinsdale, Itasca, Mount Prospect, Naperville, Oak Brook, Palatine, Rolling Meadows, Roselle, and Winfield.