A & A Chicago Consumers Law Office, LLC, aggressively defends foreclosure cases, and is one of the few law offices in Chicago that actually challenges the foreclosure by putting the lenders on the defensive.
The law office, led by Attorney Eliot Jessop, carefully studies the documents filed with the court. These court documents often raise serious questions which can be utilized in a very strong defense against the lender, and which could ultimately lead to a dismissal of the foreclosure lawsuit against the homeowner.
In addition to reviewing the court documents, A & A Chicago Consumers Law Office, LLC, conducts an extensive review of all the original loan documents in order to determine whether Federal and Illinois State Predatory Loan Violations occurred. This extensive review or forensic loan audits, is also a key part of the law office’s foreclosure defense strategy against the lender and gives the homeowner an advantage in his/her defense. Currently, tA & A Chicago Consumers Law Office, LLC is one of the only law firms in Chicago that conducts these forensic audits.
It is important to note that it is very common for forensic audits to reveal violations of both federal anti-predatory laws, as well as local Illinois State Consumer lending regulations. Examples of federal law violations include the Truth-In- Lending Act (TILA), Real Estate Settlement and Procedures Act (RESPA), and Home Ownership and Equity Protection Act (HOEPA). Attorney Jessop, who is often referred cases by other attorneys, is known as being one of the few attorneys in Chicago who specializes in Foreclosure Defense and Predatory Lending Lawsuits.
While defending the foreclosure, A & A Chicago Consumers Law Office, LLC often tries to negotiate a loan modification for the homeowner at the same time. By challenging the lender’s foreclosure lawsuit, and putting the banks of the defensive, A & A Chicago Consumers Law Office, LLC, is better able to negotiate a more favorable loan modification deal. A loan modification could result in the lender: approving a repayment plan that would help the home owner bring his/ her mortgage current, reducing monthly payments, lowering the interest rate, fixing an adjustable interest rate or even reducing the principal.
Our law office has a very skilled and competent team of attorneys and staff, some of whom have worked for the leading financial institution for years and have an in depth understanding of the mortgage industry.
At A & A Chicago Consumers Law Office, LLC we listen carefully to what our clients want and then customize a foreclosure defense strategy to obtain the best results. Some homeowners choose to file a lawsuit against the lender because of predatory lending violations. Others simply need time to find employment so that they can start repaying their mortgage. The majority of our clients simply want a reduction in their monthly payments and interest so that they can afford their mortgage.
Our clients’ goals are our top priority and The Law Office of A & A Chicago Consumer Law Office, LLC We use our specialized knowledge to put you clients in the most advantageous position.
Homeowners should call the A & A Chicago Consumers Law Office, LLC at 312-373-9236.