Litigation Against Predatory Lending

What is predatory lending?

Although there is not a singular legal definition of predatory lending, it broadly refers to the deceptive practices used by some lenders to draw borrowers into agreements with unfair and even abusive terms. These can include mortgages with the following:

  • High interest rates
  • Coercing borrowers into less than beneficial loans and hidden arbitration features
  • Inflated home or property appraisal
  • Huge up-front fees
  • Exotic loan with deferred interest payment option
  • Repeated notices of transfer of your loan
  • Forced to get insurance while already having a valid policy in place
  • Mortgage payments applied to inflated late fees
  • Repeated HAMP loan modification applications with no resolution

Protecting Illinois Residents Against Predatory Lending

If you are currently in need of legal assistance in foreclosure defense, foreclosure prevention or foreclosure rescue, do not hesitate to contact Illinois Foreclosure Lawyer Daniel S. Khwaja. Attorney Khwaja understands the laws pertaining to predatory lending and how they are to be applied for protection of Illinois residents. You have rights and you have options to take action.

Regardless of your situation - no matter if you're facing foreclosure on a two bedroom home or a home with a value upwards of a million dollars, do not hesitate to secure the legal defense that you deserve. If you choose to work with Illinois Foreclosure Attorney Daniel S. Khwaja, you can be confident in knowing you will be have a skilled and knowledgeable legal aid that will help you fight to protect your rights and exercise your options as an Illinois homeowner.

Illinois Foreclosure Lawyer Daniel S. Khwaja has the knowledge and tenacity needed to handle cases of this nature. Attorney Khwaja's clients can be confident that he will not be deterred by the complexity of the situation, and will remain dedicated to helping them achieve their desirable result. Attorney Daniel S. Khwaja is dedicated to ensuring that you, your home and your family are all protected. He wants to make sure that your rights are never violated and that your bank or lender never crosses the line.