If you are struggling with mortgage debt, it is important to explore all of the options available to you. At the Sulaiman Law Group, LTD, we represent clients throughout Chicagoland with a wide range of debt relief matters, including foreclosure defense and bankruptcy. Our experienced lawyers can provide you with sound legal guidance in helping you keep your property and resolving your debt problems.
Contact us today online or by telephone at 630-413-9054 to speak with an experienced Chicago foreclosure attorney.
Foreclosure Defense vs. Bankruptcy
We cannot tell you whether or not foreclosure defense or bankruptcy is better for you until we gain a full understanding of your situation. However, here is a general overview of some of the advantages offered by both options:
Advantages:
| Foreclosure Defense | Bankruptcy |
| Can spare you from the adverse effects bankruptcy will have on your credit rating. | Wipes out debt (Chapter 7) or restructures it into a manageable payment plan (Chapter 13). |
| Can spare you from unscrupulous mortgage lenders and hold them accountable for their actions. | Protects you from creditor actions like harassment and wage garnishment. |
| An experienced attorney can help you negotiate more favorable terms with your mortgage lender. | Can help you avoid the tax consequences associated with some foreclosure defense options. |
Remember, foreclosure and bankruptcy can also go hand in hand. In some cases, you can benefit greatly by filing for bankruptcy first, then applying foreclosure defense strategies. Our Illinois lawyers can help you explore all of your debt relief options so you can decide the course of action that best suits your needs.
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 attorney.














