Lawyers Trust Fund gives $8.6M in grants

By Jamie Loo Law Bulletin staff writer

Posted July 2, 2015 11:51 AM

In some divorces, the ex-spouse who gets to keep a home could still wind up losing it.A woman who reached out to LAF was faced with this situation when her husband divorced her and she wasn’t able to keep up with mortgage payments on her three-flat.An LAF staff attorney helped her file for Chapter 13 bankruptcy, which reduced her mortgage principal down to the actual appraised value of the property and found some property tax exemptions.Thanks to a $575,000 grant from the Lawyers Trust Fund of Illinois, LAF can continue to …

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