A recent article that appeared in Progress Illinois revealed that although house foreclosures in the Chicago area have returned to pre-recession numbers, the housing crisis is still affecting area homeowners. Author Ellyn Fortino reports that Chicago activist who are working to help struggling homeowners say that “many communities, particularly low-wealth and majority minority neighborhoods, continue to grapple with the effects of the housing crisis.” If your home is taking you underwater financially, bankruptcy may be a viable option for you. Learn more about what you can do by scheduling a free consultation with one of our bankruptcy attorneys.
Read more at the article.
Image credit: respres