Predatory Lending
 

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In the Legal Brief, I discuss important issues about how the law affects us all. Subscribers are welcomed to write in about Foreclosure Defense and Bankruptcy Law or with any specific legal issue or question to be addressed. Your question may show up next!

- Daniel S. Khwaja, Attorney At Law

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Litigation Against Predatory Lending

What is predatory lending?

Although there is not a singular legal definition of predatory lending, it broadly refers to the deceptive practices used by some lenders to draw borrowers into agreements with unfair and even abusive terms. These can include mortgages with the following:

  • High interest rates
  • Coercing borrowers into less than beneficial loans and hidden arbitration features
  • Inflated home or property appraisal
  • Huge up-front fees
  • Exotic loan with deferred interest payment option
  • Repeated notices of transfer of your loan
  • Forced to get insurance while already having a valid policy in place
  • Mortgage payments applied to inflated late fees
  • Repeated HAMP loan modification applications with no resolution

Protecting Illinois Residents Against Predatory Lending

If you are currently in need of legal assistance in foreclosure defense, foreclosure prevention or foreclosure rescue, do not hesitate to contact Illinois Foreclosure Lawyer Daniel S. Khwaja. Attorney Khwaja understands the laws pertaining to predatory lending and how they are to be applied for protection of Illinois residents. You have rights and you have options to take action.

Regardless of your situation - no matter if you're facing foreclosure on a two bedroom home or a home with a value upwards of a million dollars, do not hesitate to secure the legal defense that you deserve. If you choose to work with Illinois Foreclosure Attorney Daniel S. Khwaja, you can be confident in knowing you will be have a skilled and knowledgeable legal aid that will help you fight to protect your rights and exercise your options as an Illinois homeowner.

Illinois Foreclosure Lawyer Daniel S. Khwaja has the knowledge and tenacity needed to handle cases of this nature. Attorney Khwaja's clients can be confident that he will not be deterred by the complexity of the situation, and will remain dedicated to helping them achieve their desirable result. Attorney Daniel S. Khwaja is dedicated to ensuring that you, your home and your family are all protected. He wants to make sure that your rights are never violated and that your bank or lender never crosses the line.

 

Illinois Lawyer Daniel S. Khwaja handles cases pertaining to Chapter 7 bankruptcy, foreclosure defense, foreclosure rescue, lender fraud, and renter eviction defense. Schedule Your FREE Initial Consultation.

Learn about your options, protect your rights. We can help. Contact us today.

Affordable Residential Foreclosure Defense

Affordable Retainer Rates*

6-month & 12-month Retainer Options Available*

What can Illinois Foreclosure Lawyer Daniel S. Khwaja do to help families who are about to lose their homes? There are two ways to help, depending on the situation.

1. We can help families get loan modifications and ultimately stay in their homes.

2. We can actively fight the foreclosure, forcing the bank to "prove" the merits of their case.

*Fees listed are in US Dollars ($) and exclude applicable and separate court filings fees, etc. | Flexible payment options available.
Flexible Payment Options - Cash, Checks, Money Orders, Credit Cards payment available except for Bankruptcy Services

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Illinois foreclosure attorney Daniel Khwaja wants people facing foreclosure to know they have options. The biggest misconception is that they cannot afford a lawyer; however, Mr. Khwaja offers very affordable rates.

During the FREE initial consultation, he outlines several options including the "Cash for Keys" program, loan modification, and the required "hard proof" lenders MUST have to attempt foreclosing.

Contact Daniel S. Khwaja, Esq. for a free Foreclosure case evaluation.

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1115 N. Ashland
Chicago, IL 60622
Phone: 1-312-933-4015

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The information contained in this website is provided for informational purposes only, and should not be construed as legal advice on any subject matter and you should consult with an attorney before using any information from or any Legal Forms provided on this website. All Fees listed are in US Dollars ($) and exclude court filings fees, etc.

Daniel S. Khwaja, Esq. is licensed in Illinois with a main office in Chicago.

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