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

Foreclosures Drop in the Chciago Area

According to a report released by the Mortgage Bankers Association last week, mortgages in foreclosure dropped in Chicago during the first quarter.

The National Delinquency Survey released by the MBA showed that mortgages in foreclosure dropped from 13.6% to 12.3%. Compared to the same period the year before, the rate of homes in foreclosure of delinquent by one payment was 14.01%. For those homes that were already in the process of foreclosure, the percentage of mortgages also dropped from 4.64% to 4.52%. However, after seasonally adjusted, the delinquency rate rose in the first quarter from 8.25% to 8.32%. The non-adjusted delinquency rate showed a different story, dropping to 7.79% during the first quarter of this year.

Are you in danger of losing your home to foreclosure? If so, contact our law office to set up your initial consultation with a Chicago bankruptcy lawyer who understands what you are going through.

Categories: Fighting 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