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Real Estate

Bankruptcy Law

Chicago Real Estate Lawyers

Real Estate Closings

Whether you are buying or selling real estate, the transaction can have a big impact on your finances and future investments. Therefore, it cannot be overstated the necessity of retaining an experienced real estate closing attorney to advise you throughout the process.

While every real estate transaction is unique, most closings include:

  • Drafting required closing documents
  • Producing legally required mortgage documents
  • Planning financial obligations for all parties, and
  • Procuring title and property insurance

During the closing process, we will be there for you every step of the way and ensure a smooth transaction. For buyers, we will review and negotiate the terms of the real estate contract and purchase agreement, deal with any issues raised during inspection, and review the title insurance commitment and closing documents. For sellers, we will review and negotiate the terms of the real estate contract, procure a title insurance commitment, and prepare all closing documents. Contact us now if you need an experienced real estate closing attorney to handle your closing.

Foreclosure Defense

Facing foreclosure can be one of the most stressful and frightening events in your life. However, you can fight back against the mortgage company to save your home. As experienced foreclosure defense attorneys, we will thoroughly review your case and go over all your options.

Mortgage foreclosure is the legal process by which a mortgage holder/lender or third-party lien holder attempts to gain ownership of the property securing its lien. Typically, the lender can initiate a foreclosure action any time after a default on the mortgage. In Illinois, this process is under the direct supervision of the court affording both sides the right to present their cases.

There are numerous ways to challenge a foreclosure action, including illegal actions by the mortgage company when closing the mortgage or during the foreclosure process, inadequate notice of the foreclosure lawsuit, or unethical behavior by the lender. In addition, there are ways to mitigate your losses by entering into a deed in lieu of foreclosure or negotiating a repayment plan with the lender.

If you are facing foreclosure, it is imperative you speak with an attorney as soon as possible. The sooner you understand your options the more likely you are to succeed in keeping your home or mitigating your losses. Call now to discuss your options with a foreclosure defense attorney at DebtPros.

Loan Modifications

If you have fallen on hard times and are delinquent on your mortgage, applying for a loan modification may be a viable option for you. By restructuring your loan, you can stay in your home and circumvent foreclosure. However, it is important to understand the terms of the new loan as many loan modifications fail after several years. For a loan modification to succeed, the terms of restructured loan must be feasible and appeal to the lender.

Loan modifications offer numerous benefits to homeowners, including:

  • Reducing the principal balance of your mortgage
  • Reducing the interest rate of your loan
  • Reducing the monthly payments of your loan
  • Extending the term of your loan, or
  • Deferring your mortgage arrears

To complete a loan modification, you must send over certain documents to the mortgage company and wait for their approval. Each lender has specific rules and guidelines on who qualifies for a loan modification. As experienced loan modification lawyers in Chicago, we will work diligently on your behalf to negotiate with the lender ensuring you receive feasible, favorable terms. We recommend enlisting our services as soon as you fall behind on your mortgage to promptly prevent foreclosure and restructure your loan.

Client Testimonials

What Our Clients Say

I want to start by saying THANK YOU! John was patient, prompt, informative and easy to work with. In our time of need, he helped my parents file for bankruptcy successfully and at a great price. If you are ever in the need of any services concerning your debt and potential bankruptcy litigation, I give my word and experience that John is the BEST in the Chicagoland area.

- Eric McDowell

John was outstanding in the process of my chapter 7. Not only did he keep me abreast of every step and matter that involved my BK but he was reasonable with the price and the time I had to pay him. He sent me places that accepted my Bk when it came to getting a new car as well and his communication was an A+. There was never a time I couldn’t reach him and if he missed my call he would proceed to call back before the day over or early the next day. I recommend him to any and everyone!

- Lamar Johnson

John is a great lawyer to work with. It’s easy to be honest and share things with him. It felt good to communicate with him. When I reach out to him, he is very good at answering the phone or responding when he can. I recommend his work as well. He’s very organized and gets things done. Thank you John.

- JP W

This guy made my experience so smooth I would recommend him to anyone who is thinking about filing for bankruptcy. He is very patient with his clients and Is very informative. Every question I had he answered even if I asked it twice. Highly recommend!!!!!!

- Nikita Nichols

John is very patient, he’s worked with me from start to finish. Always answer my questions and never made me feel like I’m a bother. Never made me feel like I’m a number in his book. He’s very helpful and caring which is why I’d recommend him over any bankruptcy lawyer. Thanks John for all you do.

- Corey Ross

Thank you team DebtPros! The choice to file was not easy, but it was the best decision for my family. John, I appreciate your kindness, thoroughness, and professionalism. I feel like you’ve guided me through this process in a very personable way. Thank you for always being available to chat, and making the experience so efficient and understanding. I can see the silver lining toward a fresh start! Thank you again & Have a wonderful summer. Sincerely, SB.

- Shelly Boyki

I am honored to provide such a financial relief feedback for this amazing blessing whose name is Atty. Wonais. There is so much I could share endlessly about his superb knowledge and service that he offered me as his client. However, I will share what I found to be essential in my financial issues that Atty. Wonais selflessly provided to me as his client; his expertise, his ability of trustworthiness was "everything" oh my goodness he is truly trusting thru the entire process.

- Val B.

I was referred to them, and this has been the best decision I have ever made. I never been this confident in a person like I am with John. He heard my needs and wants, he made it possible to give me that. Excellent customer service. He put all my options on table to fit my needs. He never sugarcoat he gives it to you like it is meaning he’s not rude or unprofessional. He’s that person that tells you what you need and bot what you want. I have referred all my friends and family to his service.

- Nicole Murray

So one night I went online looking for advice on google and John came up and I called him on the weekend late evening and he happened to answered which was awesome. John helped me out with my situation he gave me amazing advice and options on how to take on my problems the right way. John is super easy to talk to Very informative and he answered all my questions.

- Freddy

This office and staff was amazing. I was referred to John from my best friend and as soon as I reached out he was very prompt on getting back to me and helping. From start to finish the process was amazing stress free and straight forward. He stayed in communication no matter what time of the day. If I had a question he had the answer. His tips and tricks and knowledge helped me a lot and made me more comfortable and excited about starting over.

- Kierra Smith

John took me on as a client with no problem. He was very understanding, passionate, helpful and available every step of the way. Trust me I am a very happy client, I definitely recommend John.

- Jessica Burton

John did a wonderful and seamless job with my case-he handled everything properly and was very timely in all of his communication. He is professional and reliable. I would highly recommend him to anyone who may have to deal with a bankruptcy. Five stars!

- Ashley I.

I had a great experience with Wonais Law, LLC. John is very patient and replies right away to any questions or concerns that you have. I would recommend his services to anyone.

- Erika Sing

If I can leave more stars I will. Wonaia Law is highly recommended. John is great with making sure I understand everything that was going on, I really appreciate how he’s always there to answer any questions I have ... My chapter 7 is just about over and I have 2nd chance with living life debt free.

- Tiffany Austin

John Wonais is responsive, professional, and cares for his clients. He is extremely experienced in civil litigation and has answered all of my questions in a way that I can understand as someone with zero experience in law. He has gone above and beyond and has always made sure to follow up with me when I’ve needed it. I truly feel that he has my best interest at heart.

- Ariana Khosravani

I really wanna give a big thanks to John he helped me out a lot. He walked me through everything to make sure I understand, good quality. I don’t think I could of did it without him ?

- Twona Gibson

He gave an expert and advise and a great service. He went all out to be sure I got a solution to the issue I had.

- Betty Salami

I want to thank John for helping me win my case he was very helpful throughout the process and very professional, thanks again.

- Diana M.

I was very impressed on how quickly I was responded to, and how my lawyer John made everything so easy for me to understand. I have never had to hire a lawyer before, and I'm really glad that I met such a professional, and honest person. I would highly recommended.

- Angela Mata

DebtPros is a law firm that specializes in consumer bankruptcy. John has years of valuable experience and is dedicated to helping clients file for bankruptcy. John is responsive and provides a free consultation to prospective clients. I recommend this firm to anyone who is considering filing for bankruptcy.

- Taylor Kosla

John Wonais provided me with timely and beneficial legal counsel. I would trust his firm to represent me in any creditor-related case. John's professionalism and expertise are second-to-none; highly recommend his services.

- Richard Young

Very helpful, professional and they’re reasonably priced.

- Anthony Brown

Great Professional Service- I have been working with Wonais Law the past couple weeks and I have been blown away from their attention to detail and professionalism. They get work done quickly and are extremely responsive. I would recommend this firm to everyone needing legal services.

- Andres Jara

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Fill out the contact form or call us at (312) 883-5422 to schedule your free consultation.

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