Illinois attorney

[Dennis Walker]

We currently have a non performing note in Illinois and we are looking for an attorney in Illinois that will handle a foreclosure without us needing a debt collectors license.  Any advise would be helpful, Thanks. 

[Ronald Filian]

@Daniel H. first you better get moving fast, time is not on your side. I don't know if your property has a tenant or not but the winter moratorium kicks in soon; for evictions.  The foreclosure did take long as cook county is #1 in lawsuits in USA. 9 months all in and auctioned off; attorney & court costs north of $15k. However, start with attorney doing "threat letters", see if you can place liens or cross collateralize other assets (or threaten too); get legal advice sooner than later. If rented, you want to be able to get the rental income during the foreclosure process or have them stop paying rent, some of these guys give tenants rent to own contracts and make more complicated. Good Luck.