Potestivo & Associates

Welcome to the local information page for Potestivo & Associates, a law firm located in the heart of Chicago, Illinois, at 223 W Jackson Blvd Ste 610, 60606, USA. Serving the local community and beyond, Potestivo & Associates offers a range of legal services, primarily focusing on the real estate finance and credit industries. With a strong track record spanning over three decades, the firm has established itself as a significant player in areas such as foreclosure, bankruptcy, litigation, loss mitigation, and title resolution.

Potestivo & Associates operates a full-service office in Chicago, complementing its headquarters in Rochester, Michigan. This local presence allows them to effectively serve clients within the Illinois jurisdiction, including representation in matters involving Fannie Mae and Freddie Mac. The firm's structure includes a dedicated litigation department capable of handling complex cases, providing consultation alongside their default servicing expertise.

Services Offered:

Potestivo & Associates provides a comprehensive suite of legal services tailored to the needs of the real estate finance and credit sectors. Their main areas of practice include:

• Foreclosure: Handling both non-judicial and judicial foreclosures for residential and commercial properties. Their team manages all aspects of the process, from initial documentation to the final sale, with a focus on efficiency and compliance with state and federal regulations. They are experienced with various loan types, including conventional, GSE-owned, FHA, VA, and USDA Rural Development loans, as well as reverse mortgages.
• Bankruptcy (Creditor Representation): Their award-winning bankruptcy team advocates for secured and unsecured creditors in Chapter 7, 11, 12, and 13 bankruptcy proceedings, aiming to protect their clients' best interests.
• Litigation: A separate, specialized department handles default servicing litigation and complex legal matters. Their extensive experience in the industry equips them to address the unique challenges of this field.
• Loss Mitigation and Home Retention Services: Potestivo & Associates is actively involved in developing solutions to help homeowners avoid foreclosure and retain their properties, demonstrating a commitment to both clients and the community.
• Title Resolution: Their title resolution team is skilled in managing and resolving various title issues and claims that may arise during real estate transactions or foreclosure processes.
• Civil Litigation: With their deep understanding of the default servicing industry, the firm is well-positioned to handle the specialized needs of civil litigation in this area.

Features and Environment:

Potestivo & Associates emphasizes a client-focused approach, striving to provide unparalleled customer service and legal services that exceed expectations. They highlight several key features of their practice:

• Experienced Legal Practitioners: The firm's attorneys are described as accomplished and highly experienced, vigorously representing their clients.
• Strong Legal Team: They have built a robust legal team covering all areas of their practice, ensuring that client matters are handled with accuracy and importance.
• Technological Integration: Recognizing the importance of technology, Potestivo & Associates routinely updates its case management systems for customization and detailed reporting. They utilize various industry-specific platforms to enhance efficiency.
• Effective Communication: The firm prioritizes clear and prompt communication with clients, with both attorneys and support staff readily available to address questions and provide updates. Bilingual staff members are available to assist clients who speak French, Spanish, and Italian.
• Timeline Management: While committed to achieving aggressive timelines, the firm emphasizes that this is never at the expense of legal accuracy. Their processes are designed to meet deadlines professionally and accurately.
• Professional Affiliations: Potestivo & Associates is an active member of several professional organizations, believing that these affiliations are crucial for staying at the forefront of the default servicing industry.

The Chicago office is situated in a central downtown location, providing accessibility for clients and facilitating their operations within the city and surrounding areas. While specific details about the office environment are not extensively available online, its presence at 223 W Jackson Blvd Ste 610 suggests a professional setting suitable for legal consultations and operations.

Promotional Information and Community Involvement:

Potestivo & Associates has received recognition for its work and community commitment. Notably, the firm was a founding member of Detroit HOPE, a non-profit organization focused on educating Michigan communities about foreclosure prevention options. This highlights their broader commitment to addressing the challenges within the real estate and finance industries.

The firm also supports various leading industry associations, including the Mortgage Bankers Association, American Legal & Financial Network, and others, demonstrating their active engagement within the professional community.

Customer Feedback Analysis:

It is important to consider all available information when evaluating a service provider. The provided customer reviews offer a mixed perspective. One review expresses significant dissatisfaction with the firm's responsiveness, stating difficulty in getting a phone call returned and suggesting a lack of diligence. Another review is highly critical of a general practitioner's performance at trial, recommending against their services due to a perceived lack of knowledge and expressing unhappiness from clients who had to switch to another firm.

These reviews, while limited in number, present serious concerns regarding communication and the quality of legal representation in certain situations. Potential clients should consider these perspectives alongside the firm's stated commitment to customer service and legal accuracy when making their decisions.

Conclusion for Local Users:

Potestivo & Associates has a physical office in Chicago and offers a range of legal services focused on the real estate finance and credit industries, including foreclosure, bankruptcy, litigation, and loss mitigation. They emphasize experience, a strong team, technological integration, and effective communication. However, it is crucial for local users to be aware of the negative feedback regarding responsiveness and trial performance, as expressed in the available reviews. While the firm highlights its commitment to client service and community involvement, potential clients should conduct thorough due diligence and consider their specific legal needs when deciding whether Potestivo & Associates is the right fit for them in the Chicago area.

For those in the Chicago area seeking legal assistance in real estate finance, it is recommended to contact Potestivo & Associates directly at (312) 263-0003 or visit their office at 223 W Jackson Blvd Ste 610 to discuss their specific situation and assess if their services align with their needs. It may also be beneficial to seek additional references or reviews to gain a broader understanding of the firm's client experiences in the local context.