Paul Simon wrote the famous song back in the 1970s. The song does still ring true for me, and my law firm. When I started practicing law in 1991, I worked for several firms, did some divorce, real estate, and general practice work along with
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Your Money: Can You Handle the Truth?
Jack Nicholson’s most famous line in his movie career goes something like this: “You want the truth?! You can’t HANDLE the truth!” My clients come in to see me, as a bankruptcy attorney, and they want advice on how to “fix” their money problems. They
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New College Grads, Hit a Home Run with These Money Tips
Congratulations! You worked hard, studied hard, and came through in the clutch! You aced those exams, and turned in all the papers! Now, you are lining up that first job out of college! You are getting ready to really strike out on your own! But,
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Court to Mortgage Companies- File Claims on Time to Get Paid in Bankruptcy Cases!
Normally, for consumer bankruptcy lawyers and their clients, things proceed pretty smoothly. And, the how the cases go through the system are predictable. Congress only seems to pay attention to bankruptcy about every 10 years or so. And, major court decisions don’t usually get appealed
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What is Your Goal? We Can Help You Score it!
With the Stanley Cup Playoffs in full swing, more eyes have been on the NHL. And, living in Chicago, the Blackhawks are contenders again. In hockey, there isn’t a lot of scoring, but when there is a goal, it is very exciting! I am an
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Spot the Credit Repair Scams! Don’t Fall for them!
Your credit score is very important. A credit score helps banks and other lenders determine whether you can borrow money to buy a house or a car, and, what interest rate you get when you borrow money. One percentage point difference on a mortgage for
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Can I Buy Another House after Bankruptcy and Foreclosure? Yes You Can!
Back in 2008-9, when the foreclosure crisis started, foreclosures soared. People lost their houses after losing jobs and not being able to afford their mortgage payments. People then, forced to file for bankruptcy protection, asked me: will I be able to buy a house again?
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What to do if You are Served with Foreclosure Papers- Is all Hope Lost? No!
If your mortgage has been in foreclosure recently, no doubt you have heard of programs such as MHA (Making Home Affordable), HAMP, HARP, (Home Affordable Modification or Refinance Programs) and others in the alphabet soup of programs that the Federal government created in response to
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Money Management Tips for Business Owners
Every business owner, from the “Mom & Pop” restaurant to the Franchise Owner has to wear many “hats”. The most important “hat” to wear is that of the Chief Financial Officer. Even if you are just a sole proprietor, you have to keep your finances
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Credit Unions- Angels or Devils?
For many people, their local credit union is their savior. People can join credit unions because of where they work, or if they served in the U.S. Military, or for other reasons. Credit Unions offer many advantages, such as lower interest rates, and personal service.
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