Foreclosure in Schaumburg>Question Details

blancaizagui…, Home Buyer in Schaumburg, IL

Recently lost my home due to a foreclosure. Can I sue the lender for neglience?

Asked by blancaizaguirre76, Schaumburg, IL Tue Dec 11, 2012

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3
Call a local attorney or contact Lisa Madigans office http://illinoisattorneygeneral.gov/

They may be able to review your situation.


http://TeamBinetti.com
0 votes Thank Flag Link Mon Jan 7, 2013
Call an Attorney who specializes in this area.
0 votes Thank Flag Link Tue Dec 11, 2012
You can always sue, but the real question is "is there any chance that you can win"? Exactly what "negligence" is the lender responsible for?

Did they disclose all of the fees involved? Was your income / debt ratio acceptable? Did they lie to you in any way?

Unless you can show that they mislead you in some way... I don't see any hope for winning... but then, I'm not a real estate attorney... and this would be a good question to ask of an attorney.
0 votes Thank Flag Link Tue Dec 11, 2012
Alan May, Real Estate Pro in Evanston, IL
MVP'08
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