Legal Question in Credit and Debt Law in Illinois

Notice of Hearing

I have received a Notice Of Hearing before a judge regarding foreclosure proceedings on some property I own. I am not fighting the foreclosure, I want it to proceed as quickly as possible. This was a bad investment involving a family member, that has filed bankruptcy. What will happen if I don't appear? Thank you for any advice............


Asked on 12/24/07, 9:21 am

1 Answer from Attorneys
Joseph Michelotti Michelotti & Associates, Ltd.

Re: Notice of Hearing

You can give the company a deed in lieu of foreclosure, you can do nothing. You can find a short seller to get you out of the deal.

7 months after you are served they can sell the property.

email: [email protected]

web www.michelottilaw.com

blog: blog.michelottilaw.com

Read more
Answered on 12/26/07, 5:57 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Illinois