Skip to Content Top
The HAMP Program

HAMP Program

The Home Affordable Modification Program (HAMP), also known as the Obama Program, was established to help homeowners who are struggling with mortgage loans. While the program was intended to help people avoid foreclosure and get their debt problems under control, in many cases, it has had the opposite effect.

If you are struggling with mortgage debt and considering the HAMP program, it is important to know the benefits and potential pitfalls it presents. At Atlas Consumer Law, our attorneys have extensive experience helping people throughout Chicago and the surrounding areas resolve their debt problems. We can answer your questions about the HAMP program and discuss other foreclosure defense strategies.

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

What's Wrong With the HAMP Program?

Originally, the HAMP program was designed and enacted to allow borrowers the opportunity to restructure their loans in a manageable procedure. Unfortunately, the problem with the program is that it provides little incentive for lenders to participate. Furthermore, it does not have teeth in forcing lenders to deal with honesty and fairness with homeowners.

Although the plan sets guidelines on how lenders are to handle loan modifications, they are merely guidelines, not laws. In various cases, homeowners sought relief through the HAMP program only to be pushed through a hopeless loan modification process. Even worse, this can be harmful to people who are already stressed with home loans as interest, late fees, and other expenses that accumulate over a waiting period. Furthermore, it does not allow for these people to seek other proven debt relief options such as foreclosure defense and bankruptcy.

The Chicago foreclosure defense lawyers at Atlas Consumer Law can help you. Together, we will help you explore a variety of options so that you can choose the strategy that best fits your needs. Here at our firm, we let you choose. We will stand by you and guide you through the process and take care of any necessary legal details along the way.

Are you facing home foreclosure? 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.

    "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!"


    - 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.

  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please make a selection.
  • Please make a selection.
  • Please enter a message.
    • Please read and agree to disclaimer.