This is my answer on avvo: http://www.avvo.com/legal-answers/will-my-mothers-social-security-income-count-as-pa-999649.html?utm_source=twitter&utm_medium=referral&utm_campaign=janrain&utm_content=dwinterlaw
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Updated Intro Video- Bankruptcy Law Chicago
Take a look at The Law Offices of Daniel J. Winter Bankruptcy Law Chicago- we can help you with foreclosure problems, debt problems, and give you peace of mind.
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Which is Better, Short Sale or Foreclosure after Bankruptcy?
This has been a nagging question for many people faced with a house that is “under water” (not literally, though unfortunately some homes have been literally under water due to Hurricane Sandy recently). By “under water” I mean that more is owed on the home
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Problems with HAMP Program—Class Action filed against Wells Fargo
This is a familiar problem for many homeowners trying to modify their loans. They call the lender and the lender says that in order to modify their loan, they need to be behind in their payments. This happened too many times, and many of my
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Student Loans– A Looming Crisis
As the Presidential campaign hits the stretch run, both candidates are talking about their plans to help students and parents deal with the ever-increasing student loan problems. In August, the candidates expressed their opinions: http://www.huffingtonpost.com/2012/08/22/mitt-romney-obama-student-loan-debt_n_1820062.html No matter who wins the election, student loan debt is
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Tax Exemption on Forgiven Debt for Mortgages About to Expire
If you are like most homeowners struggling to keep up with your mortgage payments, you are looking for ways to lower the payment. If that doesn’t work, and someone owes much more than the house is now worth, people then look to give the house
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Study Faults Servicers Mortgage Modification Program Failures
No surprise here– if you are one of the millions of Americans who tried to modify your loan in the HAMP program (Home Affordable Modification Program) in the last 3 years of this program, you would have experienced this. The program promised much and delivered
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Z is for Zero in the Bankruptcy Alphabet
Z is for Zero! Nothing Owed! We finally made it to the end of the bankruptcy alphabet, Z! Z stands for Zero. Zero is what you end up owing on certain of your debts in bankruptcy. If you qualify for Chapter 7 Bankruptcy, unsecured debts
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Having Problems Paying Student Loans– You’re Not Alone!
The fourth article in a recent series in the New York Times about soaring college costs and the debt that students and their families are trying to cope with. Now, collection agencies are getting in on the act. There are some options available for students,
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Y in the Bankruptcy Alphabet— Are You Too Young to File Bankruptcy?
I have discussed bankruptcy with many clients, young and old. It is hard enough for people to come to the decision that they will file for bankruptcy protection. Harder still is the decision to file for bankruptcy when you are very young. By young, I
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