In this article, the number of foreclosures according to RealtyTrac increased in October. Mortgage lenders are starting to work out their problems with documents which delayed filings of foreclosures for the last year. Presently, there is an increase in the number of foreclosures filed last month of 7%. As a Chicago bankruptcy attorney, I can help you with a foreclosure. A Chapter 13, can repay your mortgage arrears over a span of five years.

If you have had a loss of income and cannot afford your mortgage payments you may want to consider a Chapter 7 attorney in Chicago to wipe away unsecured debts and your mortgage. Filing bankruptcy is a serious decision and you need an experienced Chicago bankruptcy lawyer on your side. I represent clients in Cook County, Dupage County, Kane County, Will County, and Lake County. Please call my office for a free consultation at 312-489-8182.

Marc