Restoring Your Credit After Foreclosure
Can You Minimize the Effect of Foreclosure on Your Credit?
The method of credit restoration we suggest depends on each client’s ultimate goal and the option we use to fight foreclosure. If clients want to find a way to get out of their mortgage, we will include as part of the settlement/negotiation a credit resolution with the bank or lender.
When foreclosure resolutions are handled outside of court, as in a loan modification, a short sale or a deed in lieu of foreclosure, we can negotiate as part of the foreclosure dismissal that credit restoration is part of the settlement with your lender. In these cases, we will request that your lender works with the major credit bureaus to remove the foreclosure from your credit report after the dismissal.
Please speak with us about how we may be able to help you with foreclosure and preparing for life after foreclosure.
We Address Future Financial Concerns
There is no question that foreclosure will have a negative impact on your credit rating. However, a qualified attorney can help you in restoring credit during the foreclosure process so you are in better financial shape when it is over.
EV Has, LLC in Chicago provides long-term solutions to foreclosure. In addition to helping clients with foreclosure defense and options such as loan modification, we work to ensure that their post-foreclosure lives will get off to a good start. For a free consultation with one of our attorneys, please call 312-775-0980 or contact us online.