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Foreclosure Defense vs. Bankruptcy

Foreclosure Defense vs. Bankruptcy

If you are struggling with mortgage debt, it is important to explore all of the options available to you. At Atlas Consumer Law, we represent clients throughout Chicago with a wide range of debt relief matters, including foreclosure defense and bankruptcy. Our experienced lawyers can provide you with sound legal guidance in helping you keep your property and resolving your debt problems.

Contact us today online or by telephone at (312) 313-1613 to speak with an experienced Chicago foreclosure attorney.

Foreclosure Defense vs. Bankruptcy

We cannot tell you whether or not foreclosure defense or bankruptcy is better for you until we gain a full understanding of your situation. However, here is a general overview of some of the advantages offered by both options:

  • The advantages of foreclosure defense include:
  • Can spare you from the adverse effects bankruptcy will have on your credit rating.
  • Can spare you from unscrupulous mortgage lenders and hold them accountable for their actions.
  • An experienced attorney can help you negotiate more favorable terms with your mortgage lender.
  • The advantages of bankruptcy include:
  • Wipes out debt (Chapter 7) or restructures it into a manageable payment plan (Chapter 13).
  • Protects you from creditor actions like harassment and wage garnishment.
  • Can help you avoid the tax consequences associated with some foreclosure defense options.

Remember, foreclosure and bankruptcy can also go hand in hand. In some cases, you can benefit greatly by filing for bankruptcy first, then applying foreclosure defense strategies. Our Illinois lawyers can help you explore all of your debt relief options so you can decide the course of action that best suits your needs.

Are you facing home foreclosure? Contact us today online or by telephone at (312) 313-1613 to speak with an experienced Chicago foreclosure lawyer.

Hear From Our Satisfied Clients

Reviews & Testimonials

At Atlas Consumer Law, your satisfaction is our priority! See for yourself what our clients have to say about working with us.

    "I was so stressed out, found Atlas Consumer Law & gave them a call!"

    I had absolutely NO exceptions going forward with my lawsuit against a company that harassed me for payment! I was at the ...

    - Pam S.
    "So Helpful & Responsive!"

    Everyone at Atlas was so willing to help and so responsive. I'm so grateful for the work they put in on my case! Would highly ...

    - Stephanie M.
    "Results Fast!"

    THEY GOT RESULTS FAST FAST FAST!!!

    - Jake B.
    "Can Do Attitude All the Way!"

    Atlas consumer Law is amazing and they have the CAN DO attitude and will do anything to get the job done.. I highly recommend ...

    - Donnie P.
    "Thank you for educating me about my rights as a consumer!"

    The Atlas Consumer Law Group is Awesome. They promptly took care of my issue with a creditor who tried to ignore my rights as ...

    - Belinda W.
    "Absolutely Amazing!"

    I am absolutely AMAZED at this law group! I started a case in March and got it solved in early May! The debt collector was ...

    - Aline G.
    "Atlas Consumer Law Goes Above & Beyond!"

    Atlas helped us within 6 months more or less and they were an awesome team. I would definitely recommend Atlas Consumer Law ...

    - Llyod G.
    "Atlas Consumer Law is on Your Side!"

    When you need the law on you side call Atlas!

    - Arlene B.

Contact Us Today!

Talk to the leading law firm in the country about your rights for free! Fill out the form below or give us a call at (312) 313-1613 and we would be happy to give you the answers you need to make informed decisions for yourself and your family.

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