Welcome to chicagoshortsalelaw.com
This website is intended to provide general information about the short sale process from the attorney perspective regarding short sales in the Chicagoland region.
This website is produced by:
Reda | Ciprian | Magnone, LLC
Attorneys at Law
8501 W. Higgins Suite 440
Chicago, IL 60631773-399-1122
fax 773-399-1144
Category Archives: Foreclosure
Cook County Commissioner Bridget Gainer foreclosure survey
One of the Cook County Commissioners, Bridget Gainer, is doing a survey of homeowners in foreclosure to see if there are ways Cook County can help its residents. I encourage all Cook County homeowners who meet her criteria to fill … Continue reading
Posted in Foreclosure
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I hear there’s a class action against Fisher & Shapiro, LLC
It is my understanding that a class action complaint has been filed against Fisher & Shapiro, LLC in the case Hardwick v. Fisher & Shapiro, LLC (case 1:11 CV 02539) related to alleged violations of the Fair Debt Collection Practices … Continue reading
Posted in Foreclosure
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Possible Good News for Short-Sales
The Los Angeles Times reports that a settlement between a number of major banks and the federal government and attorneys general from all 50 states may pave the way for eased short sale approvals.
Posted in Foreclosure, Short Sale Lender
Tagged Bank of America, chase, Citi, foreclosure, short sale
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Another crazy delay in foreclosures
In case you have not hear, the Cook County Illinois Chancery Court (the place where they hear foreclosure cases) issued a general administrative order on March 2, 2011 suspending most, if not all, of the foreclosure cases being prosecuted by … Continue reading
Illinois Foreclosures Down?
An article in Chicago Real Estate Daily indicates that Illinois foreclosures are down – way down – for February. Does this mean things are getting better? Likely not. The drop is probably attributable to the mess brewing in the foreclosure … Continue reading
Bank Walkaways Create New Issue for Chicago
An article in the Chicago Tribune highlights the research data of a group known as the Woodstock Institute indicating that there are “thousands” of bank filed foreclosures on City of Chicago properties that are never completed by the bank. Instead, … Continue reading
Posted in Foreclosure
Tagged Chicago, foreclosure, lender, servicer, vacant property
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