- Firm Vision

Chicago Deed in Lieu of Foreclosure Lawyers

If you are struggling with mortgage debt and do not see a way out, you may wish to consider a deed in lieu of foreclosure. This legal tool allows you to turn the deed of the house over to the lender, and avoid having a home foreclosure on your credit report. Your lender will require extensive paperwork, including tax returns, bank statements and a hardship letter. If you are self employed, you will also have to provide your profit/loss statement.

At the Sulaiman Law Group, LTD, we have significant experience helping people throughout Chicago and the surrounding suburbs avoid home foreclosure and other creditor actions. While a deed in lieu of foreclosure cannot help you keep your home, it may help you get your debt problems under control.

Contact us today online or by telephone at 630-413-9054 to speak with an experienced Chicago deed in lieu of foreclosure attorney.

Illinois Deed in Lieu Attorneys

Is a deed in lieu of foreclosure (DILF) right for you? It may be, but your lender has to agree to it as well. From the borrower's perspective, a DILF is beneficial in a number of ways such as:

It relieves the borrower of existing home debt.
It protects the borrower from deficiency judgments.
It spares the borrower from home foreclosure.

From the lender's perspective, it spares the lender from potentially costly and time-consuming foreclosure proceedings or litigation. However, the disadvantages often outweigh the advantages a DILF can present to a lender. For instance, if the property has additional liens on it, the lender will be very unlikely to grant a DILF, as it will force them to negotiate those liens with the other parties.

Our lawyers can work with your lenders to determine if a deed in lieu of foreclosure is in their best interests and, if not, identify other options. We will apply our knowledge of real estate and foreclosure law to help you achieve the best possible outcome.

Contact Us

Are you facing home foreclosure in Chicago? Contact us today online or by telephone at 630-413-9054 to speak with an experienced Chicago foreclosure defense attorney.

Bold labels are required.

Contact Information Name

E-mail Address Please enter a valid e-mail address.

Phone

Brief description of your legal issue

Please verify that you have read the disclaimer. I have read the disclaimer. disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

- Criminal Defense
- Mechanics Liens

Feb 03 - Illinois politician filed for bankruptcy prior to leaving office
Jan 31 - Don't show me the money: Sports agent files for bankruptcy
Jan 27 - Credit card debt on the decline, data shows
Jan 24 - 101-year-old woman can't stay in foreclosed home after all
Jan 20 - Bankruptcies on the decline amongst Americans, big businesses

I couldn't have prayed for a better law firm than Sulaiman Law Group. I found your team to be congenial, professional and consistently available throughout the process. I only wish I had found you sooner. I will highly recommend your firm to any and everyone!

Wow. An honest, ethical attorney who actually cares about people. I know, how can that be. Well, you need to talk to Ahmad Sulaiman to find out.

He has literally saved my life; and, that is not a metaphor. His office has fought for me where few firms in the country could have had any success; and, I am able to look forward with some hope.

You can be certain that, if you are not an attorney, whatever you THINK you know about the law, you are probably GUARANTEED to be completely wrong in your assessment. Consult with an attorney who actually cares, tempered with being brilliant.

I could not be in better hands; and, words do not describe how differently my life would have been had I not met Ahmad Sulaiman. It was literally an answer to a prayer. By Glen S

Ahmad is a real gem in the legal profession. I strongly recommend him.

Mr. Mohammed Badwan is an excellent, sincere and knowledgeable attorney. He is always on top of negotiations with creditors and gets back to you promptly to give you any updates.. He makes you feel very comfortable and stays with you as a good legal advisor through the entire process.

As a healthcare professional and business owner myself, I am very sensitive to the minute details with the quality of overall service- work ethics, professionalism and the team effort put in to achieve client's goals and satisfaction. I will give this group an A+ and wish them success and bright future. Keep up the good work....

Sulaiman Law Group is an outstanding law firm. It is unique in a way that its philosophy is in getting the job done without making things complicated. Most lawyers like to make your matters sound more complex than they are, and that's where they justify their high costs. The entire team at this firm is very compassionate, responsive, courteous and efficient. Everyone is extremely professional and respectful, and treat you like family.

This firm is a rare find in legal field. We are delighted to have found them and would whole heartedly recommend them.

Sulaiman Law Group, LTD
900 Jorie Boulevard , Suite 150
Oak Brook IL 60523
Oak Brook Law Office

Phone: 877-900-9298
Phone: 630-413-9054
Fax: 630-575-8188

At the Sulaiman Law Group, LTD, we represent clients from Chicago, Illinois, and throughout the surrounding region, including Oak Brook, Wheaton, Downers Grove, Hinsdale, Oak Park, Elmhurst, Lombard, Villa Park, Lagrange, Westmont, Melrose Park, Naperville, Joliet, Orland Park, Cicero, Carol Stream, Schaumburg, Berwyn, Aurora, Bolingbrook, Cook County, Dupage County, Will County, Lake County, Kendall County, Kane County and throughout Chicagoland.