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Chicago Foreclosure Help

My husband was laid off we have two kids and child care expenses were as much as our mortgage at the time. My husband looked for work for over a year and a half we moved in with my father. He has just started working again and the bank told us we could possibly do deed in leiu us this the only option and so we began chapter 13 proceedings will this help us? My husband has landed a great job after all this time. also one child is in full day elementary school and the other is on the way. i am now planning my own business low start up cost. We need foreclosure help in Chicago

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