Welcome

Working Together to Solve Your Problem

Your home and your finances are the platforms for major life activity—- neighborhood, schools, friends, family, and a sense of place.  Achieving stability begins with recognizing when you need the help of a professional, dedicated to your needs and goals.

Practice Areas

  • Foreclosure Defense & Loan Modification
  • Debt Collection Defense
  • Consumer Rights
  • Bankruptcy
  • Tenant’s Rights
  • Unemployment Compensation Benefits

Topic of the Month:

Illinois Foreclosure? Don’t Panic!

In Illinois, you can not be forced from your home unless your lender (or loan servicer) first sues you for foreclosure, wins the court case, causes your home to be sold at auction, has the judge approve the sale and orders you to move. With minimal participation on your part, the entire court foreclosure process generally takes at least seven months and frequently longer. Okay, take a deep breath! You may have defenses to the foreclosure case, counterclaims against the lender or servicer, or an opportunity to negotiate or mediate a solution to keep your home or to more effectively cut your losses. Among your rights as a homeowner are the right of “reinstatement” and the right of “redemption.” These are different methods for paying for and keeping your home, with different requirements and time frames.
THE TAKE AWAY MESSAGE: You may have more time than you think. Use the time wisely. Consult with an attorney early-on to find out your options, the consequences of those options, and the time frames for accomplishing them.

Frank is available to speak at your event or training.
Call 773.363.8822

                                                                                  


National Association of Consumer Bankruptcy Attorneys

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"Helping workers and consumers achieve stability in their homes and finances."

Disclaimers: The statements in this web site do not constitute legal advice. They are intended as general information to the public at large. Each person's situation is unique, and how the law applies depends upon the circumstances. Do not act on the information contained in this web site without first consulting with an attorney. I invite and welcome you to contact me for assistance. Contacting this Law Office, by sending an e-mail or otherwise, does not, by itself, establish an attorney-client relationship. Because your e-mail is not encrypted and not secure, please do not send confidential, personal, private, or sensitive information in your e-mail. This Office is a debt relief agency. Among other solutions, this Office helps people file for bankruptcy relief under the Bankruptcy Code. Frank Avellone is authorized to practice law only in the state of Illinois and before the Federal District and Bankruptcy Courts for the Northern District of Illinois.

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