A & A Chicago Consumers Law Office, LLC handles our clients’ loan modification from start through to finish in order to negotiate the best deal. Our staff includes our attorneys and former banking executives, who have several years of experience of working in the mortgage and banking industry.
In addition, A & A Chicago Consumers Law Office, LLC, has the ability to conduct extensive forensic loan audits of our clients’ original mortgage loan documents in order to determine whether there have been predatory law violations. These laws include both federal anti-predatory laws, as well as local Illinois State Consumer lending regulations.
Examples of federal law violations that can be identified with a forensic audit include the Truth-In- Lending Act (TILA), Real Estate Settlement and Procedures Act (RESPA), and Home Ownership and Equity Protection Act (HOEPA). Attorney Eliot Jessop, who leads the law office, has extensive knowledge on both Federal Predatory Lending Laws, as well as Illinois specific Predatory Lending and consumer Laws. Attorney Eliot Jessop is often referred cases by other attorneys and is one of the few attorneys in Chicago, as well as the United States, who specializes in Predatory Lending and Foreclosure Defense.
The majority of mortgages have a multitude of loan violations. Once it has been determined that loan violations have occurred, the homeowner has an upper hand in the foreclosure lawsuit. With the lender violating federal or state lending laws, the client could file a lawsuit against the bank, or use these violations as a bargaining chip in the loan modification process.
Homeowners should not hesitate to contact A & A Chicago Consumers Law Office, LLC at 312-373-9236.