Significant mortgage debt leads to a number of foreclosures in Cook County, Illinois every year. Many of these foreclosures are contentious and result in significant legal bills and procedures. But there is a different way. Consent foreclosure is a way to ease the...
Month: August 2022
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What is debt settlement, and how does it work?
Illinois residents who are heavily in debt often face harassing calls from debt collectors. Debt settlement is a solution that might provide relief from collection activity. What is debt settlement? Debt settlement is an option for individuals with debt but no...
CFPB issues fair credit reporting rule
For people in Illinois, consumer protection for credit reporting and other personal finance topics can be a murky subject. Recently, the Consumer Financial Protection Bureau, or CFPB, issued a ruling to help clarify its jurisdiction and that of the state government....