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Attorneys’ Title Guaranty Fund - Helping Homeowners Avoid Foreclosure

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Codilis and Associates is an Illinois-based law firm that focuses on creditors’ rights, often in situations regarding real estate transactions and foreclosures. Well aware of the negative impact foreclosures can have on homeowners, the attorneys at Codilis & Associates donate to various organizations to help those in need. One such organization is the Attorneys’ Title Guaranty Fund (ATG).

In 1964, a group of attorneys in Illinois decided to create an organization to provide support for real estate lawyers and their clients. ATG has many resources available, including title insurance for attorneys. The company’s yearly revenue is high enough to place it on the list of Chicago’s largest privately held companies, making it possible for ATG to insure real estate transactions up to $500 million.

ATG also offers specific resources for lawyers to help their clients avoid losing their homes to foreclosures. The organization helps attorneys navigate various funding sources, such as government assistance through the Department of Housing and Urban Development. ATG also has access to local resources in the Chicago area, such as the Neighborhood Housing Services of Chicago.