Chicago Lawyers Fighting Predatory Lending
Over the past several years, some banks and lenders have given out loans to consumers who they knew could not afford the terms of those loans. As a result, many of those people have ended up with ruined credit and foreclosures. Unfortunately, predatory lending laws are not strong enough to protect borrowers and prevent lenders from preying on groups of people who are economically disadvantaged.
At the Chicago law firm of Edwin L. Feld & Associates, our lawyers are dedicated to protecting all of our bankruptcy clients who have been harmed by predatory lending and other scams in Illinois. We serve clients throughout the Greater Chicagoland area and the surrounding suburbs.
Call 888-645-4357 to schedule a free initial consultation with an experienced bankruptcy lawyer to discuss your options to fight predatory lending. WE OFFER PAYMENT PLANS.
Fraudulent Lending in Illinois
Large fees, prepayment penalties, inflated interest rates and adjustable interest rates are just some of the signs of predatory lending. Predatory lending typically happens on loans that are backed by collateral, such as homes or cars, that can be repossessed or foreclosed upon if borrowers default.
If you have been harmed by the unfair, deceptive or fraudulent practices of a lender or bank in Illinois, our firm can help protect you from further abuse by these types of lenders by filing a Chapter 13 or Chapter 7 bankruptcy.
Loan Debt Relief and Assistance in Chicago
To schedule a free consultation with an experienced bankruptcy attorney at Edwin L. Feld & Associates, contact us toll free at 888-645-4357. You may also contact us by e-mail.