Legal Question in Real Estate Law in Illinois

mortgage fraud

how long after i bought my home do i have to file a mortgage fraud civil suit.against seller and mortgage conpany.


Asked on 11/24/06, 3:02 pm

1 Answer from Attorneys

Zedrick Braden III Ainsworth & Associates PC

Re: mortgage fraud

Hello. I recently defended a mortgage broker

against a lawsuit for mortgage fraud which was

brought 5 years, after the transaction. There-

fore, in my opinion, if you bring a lawsuit within the 5 year period, you are on solid ground. However, I subscribe to the belief that filing a lawsuit as soon as possible is the best way to make sure that your supporting evidence and witnesses are still around. I will be happy

to answer any additional questions that you may

have.

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Answered on 11/25/06, 7:17 pm


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