Bankruptcy Attorney
Bankruptcy Lawyer Attorney Profiles Common Questions Bankruptcy Evaluation Office Locations

No Money Down on Chapter 13 Cases
For Qualified Wage Earners!
Chapter 7 Bankruptcy from $850

Information Center
Asset Protection
Bankruptcy Overview
Business Bankruptcy
Chapter 13
Chapter 11
Chapter 7
Creditor Harassment & Abuse
Debt Relief Options
Eliminating 2nd Mortgages
Fighting Foreclosure
Means Test
Rebuild Credit
Resources
Taxes & Bankruptcy
Bankruptcy Alternatives
Bankruptcy Exemptions
Bankruptcy Myths
Bankruptcy Process
Bankruptcy Time Line
Benefits of Bankruptcy
Chapter 7 vs. Chapter 13
Filing for Bankruptcy
Is Bankruptcy Right for Me?
Life After Bankruptcy
Why Hire a Bankruptcy Attorney
Will I Lose Anything?
Read our blog

Attorneys for Illinois May Sue North Carolina Banks for Foreclosure Practices

If a settlement isn't reached soon, state attorneys for Illinois and North Carolina plan on suing several banks over theirforeclosure practices.

According to Attorney General Lisa Madigan and Attorney General Roy Cooper of North Carolina, have been in talks with some of the nation's largest banks, including JPMorgan Chase & Co. and Bank of America Corp. Although the deadline has been pushed back thirty days, the attorneys general have no plans of waiting for the banks past that point. Cooper commented that, "If we don't get an agreement, we're prepared to go to court."

Madigan and Cooper are part of an executive group of attorneys general who have been attempting to negotiate with the banks. By working out agreements with the banks now, this group hopes to change future foreclosure practices to protect homeowners.

When you are in danger of losing your home, don't let the bank win. Contact a Chicago bankruptcy attorney today to stop the foreclosure process dead in its tracks.

Categories: Foreclosure
Free Bankruptcy Evaluation
Eliminate Debt & Bills
123 W. Madison Street, Suite 205; Chicago, IL 60602
Attorney Web Design
The information on this website is for general information purposes only. Nothing on should be taken as legal advice for any individual case or situation.

Main Office: 123 W. Madison Street, Suite 205 Chicago, IL 60602
Phone Number: (312) 427-3100