In the Chicago Tribune recently(see the link above) the writer suggests that the issues facing homeowners who are “underwater” on their house value are whether it is moral to just walk away from a house that they supposedly can afford. The author mentions this as
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My business has lots of debt and loans, can just the business file for bankruptcy protection?
The answer to this question depends a lot on how you set up the business, and how you got financing for the business. Most small business owners set out to create their dream, to follow their passion, or just to be their own boss. If
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What do I need to bring to my appointment?
So, you’ve called your bankruptcy lawyer and set up an appointment. Many bankruptcy firms, including our firm, offer free first appointments. It’s a free appointment, you say, so why do I need to bring anything in? Think about it this way, time is money. You
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What do I need to know before I call a bankruptcy attorney?
Many people I speak to each day call me about their financial problems, but have no idea what to expect from a bankruptcy attorney. The typical situation is this: Person calls and says, I need help with a bankruptcy. I ask: Who do you owe
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What do you do when you receive collection calls and notices AFTER you filed your Chapter 7 or Chapter 13 Bankruptcy case?
While it is true that a Chapter 7 or a Chapter 13 Bankruptcy case should stop all collection efforts by creditors, it is not uncommon for creditors to continue collection efforts after a bankruptcy case has been filed. That doesn’t mean that they are right
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