Potestivo & Associates

Navigating the complex world of real estate finance and credit can be challenging, especially when legal issues arise. For individuals and businesses in Illinois, having a knowledgeable and experienced legal team on your side can make all the difference. Potestivo & Associates, with an office conveniently located in Chicago, has dedicated over thirty years to providing legal solutions specifically within the real estate finance and credit industry.

This article provides an in-depth look at Potestivo & Associates, offering insights into their specialized legal services, their commitment to their clients, and why they serve as a crucial resource for those in Illinois dealing with real estate and credit-related legal matters. While the firm primarily serves the real estate finance and credit industry, understanding their focus can be beneficial for anyone seeking specialized legal counsel in this intricate field.

Potestivo & Associates maintains a significant presence in Chicago, making their services accessible to clients throughout Illinois. Their office is situated in a central, easily reachable part of the city:

223 W Jackson Blvd Ste 610, Chicago, IL 60606, USA

This downtown Chicago location offers convenient access via various modes of transportation, including numerous CTA train and bus lines, facilitating ease of access for clients from all corners of the metropolitan area and beyond. The firm's choice of a central Chicago office reinforces their commitment to being readily available to their Illinois client base, which includes financial institutions, mortgage bankers, and servicing companies, as well as property owners and managers.

Potestivo & Associates is a recognized leader in providing legal solutions primarily for the real estate finance and credit industry. Their comprehensive range of services is designed to address various aspects of default servicing and real estate-related litigation. Key service areas include:

• Foreclosure: The firm handles both non-judicial and judicial foreclosures for residential and commercial properties, ensuring adherence to legal procedures and timelines.
• Creditor Bankruptcy: Their bankruptcy team has extensive experience representing the best interests of secured and unsecured creditors in Chapter 7, Chapter 11, and Chapter 13 bankruptcy court proceedings.
• Civil Litigation: With extensive experience in the default servicing industry, the firm is well-equipped to handle the specialized needs of default servicing litigation, representing clients in various real estate-related disputes.
• Title Resolution: Potestivo & Associates’ title resolution team is skilled in successfully handling and managing a wide array of title issues and claims that can arise in real estate transactions.
• Loss Mitigation and Home Retention: The firm is active in developing effective loss mitigation and home ownership retention solutions, aiming to assist clients in navigating complex situations and exploring alternatives to foreclosure.
• REO Disposition: They provide legal support for Real Estate Owned (REO) property disposition, guiding clients through the process of selling foreclosed properties.
• Eviction: As part of their comprehensive default servicing, the firm also handles eviction proceedings related to foreclosed properties.

Potestivo & Associates distinguishes itself through several notable features, reflecting their approach to legal service within their specialized field:

• Specialization in Real Estate Finance and Credit Industry: For over three decades, the firm has focused its expertise on this specific sector, developing in-depth knowledge and experience that sets them apart. This specialization allows them to understand the unique challenges and regulations faced by their clients.
• Extensive Experience with Fannie Mae and Freddie Mac Matters: The firm represents Fannie Mae and Freddie Mac in matters across both Michigan and Illinois, showcasing their proven capability in handling cases involving these major government-sponsored enterprises.
• Commitment to Technological Enhancements and Compliance: Potestivo & Associates emphasizes the use of technology to enhance their services and ensure compliance. This forward-thinking approach aims to provide efficient and accurate legal solutions.
• AV®-Rated Firm: The firm has achieved an AV® rating, which is a significant peer review rating that indicates the highest level of professional excellence, ethical standards, and legal ability.
• Strong Industry Recognition: Potestivo & Associates has received numerous accolades for their superior work product and community commitment, underscoring their reputation within the real estate finance and credit industry. They are members of reputable organizations such as The American Legal and Financial Network (ALFN) and The Default Attorney Group (DAG).
• Structured Litigation Department: Their litigation practice is organized as a separate department, capable of handling complex litigation in addition to default servicing consultation, ensuring specialized attention to contested legal matters.

While specific promotions for individual clients are not generally common in the legal field for firms specializing in institutional clients, Potestivo & Associates emphasizes its commitment to delivering "unparalleled customer service and legal services that exceed their expectations." This is achieved through their consistent focus on efficiency, accuracy, and professional handling of every client matter. Their long-standing presence and industry recognition serve as a testament to their established value proposition within the real estate finance and credit sector.

To engage with Potestivo & Associates, or to learn more about their services, you can reach them through the following contact details:

Address: 223 W Jackson Blvd Ste 610, Chicago, IL 60606, USA

Phone: (312) 263-0003

Mobile Phone: +1 312-263-0003

For financial institutions, mortgage servicers, and other entities within the real estate finance and credit industry operating in Illinois, Potestivo & Associates offers highly specialized and experienced legal representation. Their decades of focus on default servicing, foreclosures, bankruptcies, and related litigation mean they possess a deep understanding of the unique legal challenges and regulatory landscape prevalent in this sector in Illinois.

While some public feedback indicates areas where communication and trial performance might need improvement, the firm's long-standing industry presence, recognition for work product, and specialized focus underscore their suitability for clients requiring dedicated legal expertise in real estate finance matters. Their Chicago location further enhances their accessibility for local operations and those in the broader Illinois region. For those navigating the intricate legalities of real estate finance and credit, Potestivo & Associates stands as a firm with a clear and established specialization, aiming to provide thorough and effective legal solutions.