Chicago Volunteer Legal Services (“CVLS”) just announced its launch of a COVID-19 mortgage relief program. Right now, the CARES Act allows struggling homeowners with federally-backed mortgages to seek mortgage relief. Payments may be paused for between six months and one year and once payments resume, homeowners may qualify for loan modifications or other payment options.
Homeowners must request assistance and they have a limited time to do so. Therefore, CVLS created a toolkit to help these homeowners determine if they qualify and complete the process.
Check out more details at the CVLS website https://www.cvls.org/get-legal-help/covid-19-relief/.
We are proud to spread the word about CVLS’s new program. Bardo Law, P.C. has successfully obtained results for homeowners subject to unfair mortgage servicing practices and remains here to help.