Chicago Short Sale Attorneys
If you are having trouble keeping up with your mortgage payments, you may want to consider a short sale. In a short sale, the homeowner sells the home to a third party for less than the outstanding balance of the loan. Short sales are not common because, in most cases, the lender has more attractive options. However, if it the best option for the lender, it can be very beneficial for the borrower as well.
At Atlas Consumer Law, we help people with a wide range of foreclosure defense and debt relief issues, including short sales. Our skilled attorneys can handle all of the negotiations and legal details to help you achieve your debt relief goals.
Contact us today online or by telephone at (312) 313-1613 to speak with an experienced Chicago short sale lawyer.
DuPage County Short Sale Negotiation Lawyer
A short sale can be a great opportunity to walk away from a bad debt situation. Although it will not allow you to keep your home, it will relieve you of your mortgage debt. However, there may be tax implications. The IRS may consider the amount between what the house was sold for and the outstanding loan balance as income, leaving you with a tax burden.
Our attorneys can help you understand the impact a short sale will have, including tax responsibilities, how it will affect your credit and other important factors. If a short sale is not in your best interests, you may consider other foreclosure defense options or bankruptcy. The decisions are yours. We are here to offer legal guidance and determined advocacy.
Are you facing home foreclosure in Illinois? Contact us today online or by telephone at (312) 313-1613 to speak with an experienced Chicago foreclosure defense attorney.
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.
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I had absolutely NO exceptions going forward with my lawsuit against a company that harassed me for payment! I was at the ...
- Pam S. -
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. -
THEY GOT RESULTS FAST FAST FAST!!!
- Jake B. -
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. -
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. -
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 helped us within 6 months more or less and they were an awesome team. I would definitely recommend Atlas Consumer Law ...
- Llyod G. -
When you need the law on you side call Atlas!
- Arlene B.
Meet Our Team
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Ahmad T. Sulaiman Managing Partner
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Omar T. Sulaiman Founding Member
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Mohammed O. Badwan Head of Civil Litigation
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Nathan C. Volheim Attorney
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Marwan R. Daher Attorney
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Nasim Ghebari Director of Case Investigations
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Eric D. Coleman Attorney
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Chad W. Eisenback Attorney
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Alex Taylor Attorney
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Travis P. Lampert Attorney
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Sophia Steere Attorney