Paying an Atty EXTRA to "buy time"

[Wenrow]

We just met with an atty as we are still shopping. We live in Illinois. We have not been officially served yet but have received the 30 days letter about foreclosure.

Our atty said we could end up staying in our house for awhile (spring) before we have to move but just in case it goes a little faster (depending on a lot of things) if we pay him an extra $2,500 he can slow the process down for us to stay a couple of months longer. My husband is willing to just go ahead and pay him. I'd like to avoid that as much as possible. Any indicators for my state and area to tell if we already have until the spring, (which is what he said he could get us to) WITHOUT paying extra fees. Just wait it out.

My husband checked our zipcode pop. 26,000 there are about 100 forclosures, if that makes any difference. Obviously it is a busy time for forclosures everywhere.

Let me make this straight,t he atty did not seem like a crook. He did say, "hey it may be so backed up you won't need me for that but as a little insurance... your call" He did not pressure us. it is my husband who seems too willing to pay.

Just trying to save a buck. Attys fees for the BK is enough!

[BKOnce]

I say do NOT waste any of your hard-earned money unneccesarily on that get-rich-quick-scheme-from-mr.lawyer-hot-bloodsucker-with-sweet-lip.... .. which you can learn by doing yourself your way anyway...

[HHM]

An attorney "can" delay the process to some degree and the cost of $2,500 is about reasonable, but you shouldn't really need it. What the attorney would do is file a complaint in your local court and raise some defenses to foreclosure to try and buy you some time. However, that money is better spent on finding a new place to live.

Incidentally, what state are you in?, That would help us to find out how much time you really have, but if you only just received your first 30 day notice, the attorney is probably correct, you probably have until spring before the foreclosure would be complete.

[Wenrow]

An attorney "can" delay the process to some degree and the cost of $2,500 is about reasonable, but you shouldn't really need it. What the attorney would do is file a complaint in your local court and raise some defenses to foreclosure to try and buy you some time. However, that money is better spent on finding a new place to live.

Incidentally, what state are you in?, That would help us to find out how much time you really have, but if you only just received your first 30 day notice, the attorney is probably correct, you probably have until spring before the foreclosure would be complete.

I live in Illinois. How do I check to see how long this process typically is for IL residents or can you tell me?

[Wenrow]

My husband checked our zipcode pop. 26,000 there are about 100 forclosures, if that makes any difference. Obviously it is a busy time for forclosures everywhere.

Just trying to save a buck. Attys fees for the BK is enough!

I was wrong on the number in our IL zipcode. There aare almost 200!!! Does that affect the length of the process for us?

[HHM]

It looks like IL is a judicial foreclosure state, with a very limited non-judicial foreclosure process (websites seem to vary on this, it looks like what they mean by non-judicial for IL, is a consent foreclosure). Looks like the whole process can take up to 7 months to complete.