Legal Question in Real Estate Law in Illinois
how to convince the bank to modify mortgage, and do I need to hire lawyer to do this.
Asked on 11/09/11, 7:39 pm
1 Answer from Attorneys
Naheed Amdani
Law Offices of Naheed A. Amdani, P.C.
Unfortunately, there is no magic formula to get a bank to approve your loan modification. It might be helpful to you to have an attorney assist you in the process because the attorney may be knowledgeable about 1) the various options available to you; 2) your likelihood of success; and 3) the intricacies of the system. However, people do successfully obtain loan modifications without assistance from an attorney as well. If you would like further assistance, please do not hesitate to call me at 847-677-8700.
Answered on 11/10/11, 10:43 am