What is Deed in Lieu of Foreclosure?
Receive Answers from Our Chicago Consumer Lawyers
If your lender agrees, deed in lieu of foreclosure allows you to avoid foreclosure by turning over the deed instead. By giving up ownership, you and the lender can both benefit from saving the time and money that would have been spent in foreclosure litigation. At Atlas Consumer Law, our legal team can help you determine if deed in lieu of foreclosure would be effective in your situation.
- Additional benefits of deed in lieu of foreclosure include the following:
- It protects you from having to pay money from a deficiency judgment.
- It spares your credit report from featuring a foreclosure.
- It cancels your loan, freeing you from existing home debt.
Our legal team can discuss the details of your case and present you with other effective debt relief alternatives, such as consent foreclosure or bankruptcy. Whichever course of action you decide to take, we will provide you with the comprehensive and innovative strategies you need to feel confident.
Not sure if deed in lieu of foreclosure is right for you? Find out during an initial consultation. Schedule yours by calling us at (312) 313-1613.
Illinois Debt Solution Firm with an A+ Rating with the Better Business Bureau
We are proud to have an A+ Rating with the Better Business Bureau, which demonstrates the reliability of our legal services. In addition, our senior lawyer has a 10.0 Superb Avvo Rating, which is a perfect score! We take our client dedication to the next level and our Protect The Discharge program proves it. Even after a client obtains a debt discharge, we continue to protect their consumer rights by taking legal action in the event of future creditor harassment.
Take action today by turning to Atlas Consumer Law without delay.
The sooner you take legal action by retaining our legal services, the greater the chances that you will walk away with a positive outcome. Our Chicago foreclosure attorneys will do everything possible to lead you towards debt relief as swiftly and effectively as possible.
Contact our Illinois debt solution firm today to learn more about our deed in lieu of foreclosure services.
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Reviews & Testimonials
At Atlas Consumer Law, your satisfaction is our priority! See for yourself what our clients have to say about working with us.
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I was so stressed out, found Atlas Consumer Law & gave them a call!
I had absolutely NO exceptions going forward with my lawsuit against a company that harassed me for payment! I was at the ...
Pam S. -
So Helpful & Responsive!
Everyone at Atlas was so willing to help and so responsive. I'm so grateful for the work they put in on my case! Would highly ...
Stephanie M. -
Results Fast!
THEY GOT RESULTS FAST FAST FAST!!!
Jake B. -
Can Do Attitude All the Way!
Atlas consumer Law is amazing and they have the CAN DO attitude and will do anything to get the job done.. I highly recommend ...
Donnie P. -
Thank you for educating me about my rights as a consumer!
The Atlas Consumer Law Group is Awesome. They promptly took care of my issue with a creditor who tried to ignore my rights as ...
Belinda W. -
Absolutely Amazing!
I am absolutely AMAZED at this law group! I started a case in March and got it solved in early May! The debt collector was ...
Aline G. -
Atlas Consumer Law Goes Above & Beyond!
Atlas helped us within 6 months more or less and they were an awesome team. I would definitely recommend Atlas Consumer Law ...
Llyod G. -
Atlas Consumer Law is on Your Side!
When you need the law on you side call Atlas!
Arlene B.