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Category Archives: Loan Modifications

Consumers Beware: Avoid Debt Elimination Scams with Due Diligence

If you are experiencing financial difficulties, the last thing you need is to be taken in by a scam. Unfortunately, debt elimination scams are an increasingly popular way for fraudsters in Illinois to take advantage of people when they are most desperate. One of the most important things to look out for is the general… Read More »

Robo Signing Settlement Deters Loan Fraud

Last year Illinois, along with 48 other states, joined the U.S. Department of Justice in a $25 billion settlement agreement with five of the nation’s largest bank mortgage companies to remedy widespread “robo-signing” of documents for foreclosure and other fraudulent practices that banks used in servicing loans for homeowners. There are two main components of… Read More »