When you miss more than three mortgage payments in a row, your bank will issue you a Notice of Default (NOD). When you get a notice of default, it means you your lender is notifying you to get your loan current. If you fail to bring your loan current, your bank will start the foreclosure process. Typically they file with the courthouse and they will send a sheriff out to your house to serve you a foreclosure summons. This is the beginning of the foreclosure process. In Illinois, the law favors homeowners and there are certain procedures that all banks must follow before they can legally foreclose upon you.

When you receive a foreclosure summons, you have rights and it is important that your lender respect those rights. It is important that you do not ignore your lender when you are in the foreclosure process. There are many things the banks may do to violate your rights and that’s why it is important to have an experienced foreclosure attorney on your side. If your bank violates your rights, there maybe some legal remedies you can use to help you keep your home or buy you more time. Knowing your rights is important and that is why we encourage everyone to speak to call (847) 398-4793 for a free consultation.

In your free consultation, we will review your case and determine the available options to you. They are not the same for everyone. Depending on your situation and your objectives, there may be several alternatives available to you. The most common types of foreclosure remedies are:

  • Loan Modification
  • Short Sale
  • Mortgage Reinstatement
  • Deed in Lieu of Foreclosure
  • Foreclosure Defense
  • Bankruptcy
  • Sale
  • Foreclosure
  • Free-Consultation

    Loan Modification

    If you are behind on your mortgage and wish to keep your home, you may be eligible for a loan modification. A loan modification is a change in terms in your mortgage agreement. This can help you lower mortgage payments and stop the foreclosure process. Not all loans are eligible for this program and it is a good idea to consult with an experienced foreclosure attorney if you choose to go this route. If you would like to discuss your situation with us, please call us for free consultation at (847) 398-4793.

    Short Sale

    If you owe more on your home than what it is worth and do not want to keep the property, you may be able to do a short sale on your home. A short sale must be approved from your bank and typically requires extensive paperwork and other conditions to be met before approval. If you are interested in finding out if a short sale is right for you, contact us at 847-398-4793 for free consultation.

    Mortgage Reinstatement

    If you fell behind on your mortgage and have the money to bring the loan current, you can simply pay the bank back the missed payments along with any other penalties the bank has assessed. It may be a good idea to call us before doing this to discuss other options.

    Deed in Lieu of Foreclosure

    A Deed in Lieu of Foreclosure is a perfect solution for those who wish to get rid of their property. Typically people who own investment properties that turned to be bad investments fall into this category. If your bank approves a Deed in Lieu of Foreclosure, you will sign over the title, mail the keys and the bank will take the house back and typically forgive you for any moneys lost. Contact us to discuss your situation.

    Foreclosure Defense

    Foreclosure Defense is where you file suit against your bank for an act they committed or failed to commit. Foreclosure Defense is costly due to all the court costs and time it takes to rectify. The sole objective here is to see that the proper procedures are followed. While the outrageous costs for this typically outweigh the benefits, it can still be advantageous under the right circumstances. If you would like to discuss whether foreclosure defense is right for you or not, please contact our office.


    There are many types of bankruptcy. Depending on your situation, it may or may not be a viable alternative. Bankruptcy can be used to stop foreclosure or sheriff sale. It may also allow you a reduced mortgage payment and fresh start if you have enormous credit card debt or other bills. Contact us to discuss bankruptcy.


    If you simply can’t afford your home and have equity in the property, you may want to consider selling the home to protect your equity. Selling your home depends on market conditions and may or may not result in a favorable outcome, so it is important to weigh out the options upfront and speak with a real estate attorney to make sure you are protected. If you would like to discuss whether selling your home is the right thing to do or not, please call us for free consultation at (847) 398-4793.


    If you ignore your lenders calls and letters and do not take action, your bank will foreclose on your home. This will result in your home being sold in court auction. You will be given notice that your home has been sold and a sheriff will come and remove your possessions from the property if not out by the deadline. This is the most scarring on your credit report and may literally take up to 7 years to fall off your credit. Lenders may come after you for deficient balances which may even result in wage garnishment enforced by judgments and liens. Foreclosure can be avoided if action is taken promptly so call us now at (847) 398-4793 to discuss your case.


    "If I can't modify your mortgage, I will refund your fees. Guaranteed!"

    “If I can’t modify your mortgage, I will refund your fees. Guaranteed!”

    Getting served a foreclosure summons, is terrifying. Sometimes, people wait to see if things get better or their situation changes. Other times people are embarrassed and don’t know who to turn to. The best thing to do is to call the Law Offices of Jeffrey Avny right away to protect your interest in the property. Many times people have bad experiences because they end up in the wrong hands. We don’t want that to happen to you and that is why you should research any company offering to provide you with help.

    At the Law Offices of Jeffrey A. Avny, we put your interest first and we make sure our clients are protected with our foreclosure service. We will do everything we can to help you stop foreclosure. If your home is in foreclosure give us a call now for a free consultation at (847) 398-4793.