Chicago Attorneys Mortgage Lenders and Servicers

Representing Mortgage Lenders for Foreclosure Actions in the Chicago Area

In recent years, an increasing number of homeowners and commercial property owners have fallen behind on their mortgage payments. This has resulted in a sharp increase in mortgage foreclosures as well. The foreclosure process is highly complex, however, and to ensure a favorable result, it is important for mortgage lenders and servicers to work with skilled legal counsel.

For almost four decades, Dimand Walinski Law Offices, P.C. has successfully represented mortgage lenders and servicers in the Chicago area. Our lawyers have extensive experience with foreclosures and viable alternatives to foreclosure. We understand the common issues mortgage holders deal with when debtors get behind on their payments, and we put our experience to work to skillfully guide our clients toward a positive outcome. Our attorneys work directly on each case, and we provide the personalized representation our clients deserve. We stay in close contact throughout the process, and we provide ongoing updates on how each case is proceeding.

Full-Service Solutions for Mortgage Lenders and Servicers

We work closely with banks, credit unions, commercial finance companies and other types of first and second mortgagees to develop the right strategy to quickly and efficiently maximize recovery efforts. With each case, we explore a broad range of legal options, including but not limited to:

• Foreclosure
• Loan Modifications
• Short Sales
• Deeds-in-Lieu of Foreclosure
• Cash-for-Keys Agreements

If the debtor has filed for bankruptcy, we can file a lift-stay motion to resume foreclosure proceedings, or an objection to confirmation (during a Chapter 11 or Chapter 13 filing) if the debtor has understated the proposed arrearage amount and/or monthly repayment amount. If the proceeds from the foreclosure sale are not enough to cover the balance of the mortgage, we investigate the viability of obtaining a deficiency judgment, which can be enforced through garnishments/wage deductions, bank account levies, and liens on other real estate that is owned by the debtor.

Contact Our Mortgage Lender Collection Lawyers

At Dimand Walinski Law Offices, P.C., we work to recover on delinquent accounts for mortgage holders in a quick and cost-effective manner. We are strong negotiators and skilled litigators. Often, we can negotiate favorable settlements without the need to go to court. If litigation is necessary, however, we are ready and able to aggressively pursue your interests in front of any and all available venues. If you are a mortgage lender or servicer in need of assistance with foreclosure and related matters, contact our office today at 312-704-0771 for a personalized consultation with one of our experienced creditor's rights attorneys.