Madigan’s Office to Offer Help for Chicago Homeowners

Chicago–(ENEWSPF)–October 28, 2011.  Homeowners struggling to keep up with their mortgage payments could be one step closer in trying to avoid foreclosure at a Help for Homeowners event Saturday hosted by Attorney General Lisa Madigan’s office.

Madigan’s office and state Sen. Mattie Hunter will hold the event from 9 a.m. to 2 p.m. Saturday at the Illinois Institute of Technology’s Hermann Hall Conference Center, 3241 S. Federal St., Chicago. Attorney General housing counselors will meet one-on-one to assist homeowners in need and provide important information about preventing foreclosure and avoiding foreclosure rescue scams.

The event is among many Madigan’s office has held throughout Illinois to help residents seek loan modifications, a move to hopefully reduce their monthly mortgage payments and avoid foreclosure.

“Homeowners are desperate for any way out of the foreclosure nightmare, but often, they’re getting nowhere with their lenders,” Madigan said. “Our experienced housing counselors will work with you one-on-one—for free—to learn about what kind of options you have to try to save your home.”

The Attorney General created the “Help for Homeowners” events to assist the thousands of Illinois residents caught up in the national foreclosure crisis. Madigan also launched her Homeowner Helpline, staffed during regular business hours by Attorney General housing counselors who provide one-on-one assistance to homeowners who are facing foreclosure or have been victimized by a foreclosure rescue scam.

Madigan urged homeowners in crisis to contact the Helpline for assistance at (866) 544-7151.

Source: illinoisattorneygeneral.gov