Identity theft is a problem that has been around as long as people have been getting credit. A criminal steals your wallet, and starts applying for credit in your name, getting credit cards, and uses their address on the applications. Now, criminals have even more
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When Will You Need a Lawyer?
This is a continuation of my series of articles on what lawyers can do for you. My last article, “What do Lawyers do for You?” explained what good lawyers can do to help their clients, generally. You might not think about it, but, at just
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What Do Lawyers Do for You?
Most people hope that they never have to use a lawyer, ever. If you watch late-night TV, or listen to stand-up comedians, and that’s all you knew, you wouldn’t want to either. And I’m just talking about the jokes! Late-night TV is also filled with
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How to Stop Wage Garnishments Immediately
You’ve been trying to pay your bills, but ran short each month. And, sometg had to give, so you stopped paying the credit cards. Then, they sued you, and got a court judgment. Now, your boss just got a Wage Deduction Order, or a “brick”
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What is Debt Settlement? Is it a Good Way to Avoid Bankruptcy?
People with multiple credit card debts have many options to try to deal with their debts. People naturally want to avoid bankruptcy. So many times, when clients come in to see me, they have already tried debt settlement. This article does a good job of
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The Many Emotions of Money Problems- You’re not Alone!
For most people, dealing with financial issues is loaded with many emotions. When things get out of control, the emotions can get out of control also. When things are going well, everything seems just fine. But, when money gets tight, people naturally get more stressed-out.
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Medical Bankruptcy. Is there such a thing?
I’ve met with hundreds of clients over the 20 plus years that I’ve been a bankruptcy lawyer. And, many times, people ask me to do a “Medical Bankruptcy”. There is really no such thing as a “Medical Bankruptcy”. The term is just a way to
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Married Gay and Lesbians with Financial Problems can now file for Bankruptcy Protection Together
Recently, the US Government announced that same-sex marriages will be recognized in all federal matters, including bankruptcy. That means that married gay and lesbian couples can file for bankruptcy together, in one case. And now, Gay and Lesbian couples can marry in Illinois. Allowing a
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Why it is so Important to Save for Retirement – Prevent Money Problems in the Future
When I think about what to write for the BankruptcyLawChicago Blog, many times, I write about a concept in bankruptcy, or why you might consider bankruptcy, or other financial problems that could lead to bankruptcy. Today, I will focus on a habit that can keep
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Car Loans—Lending Heats up, and So Do Dealer Tricks!
New car dealers are always trying to get their cars off the lot, and on the road. As the economy picks up, you’ll be offered all sorts of loans to get the “car of your dreams”. So many of my clients are forced into bankruptcy
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