The next letter in the Bankruptcy Alphabet, V, stands for Very important things to tell your bankruptcy attorney. This may sound basic, but many people I meet with have no idea what to tell their attorney in preparation for a possible bankruptcy case. First off,
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Archives for Bankruptcy and Foreclosure Questions and Answers
Bill Collectors Keep Calling Me and They are Being Nasty- What can I do?
Over all the years I’ve been helping my clients solve their debt problems, the most common complaint I’ve heard is that the bill collectors call non-stop and are mean. This is not new. Most people just throw up their hands and figure that the collectors
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Watch those court papers! Don’t go to jail!
In Illinois, there are a few ways a creditor can pressure a person to pay. If you ignore certain court papers, you could be arrested. Be sure to call an experienced bankruptcy attorney for advice. The attorneys at the Law Offices of Daniel J Winter
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Can a Bankruptcy help me get my Drivers’ License Back?
Can a Bankruptcy help me get my Drivers’ License Back? Your drivers’ license was suspended. Is all hope lost?? NO! In certain situations, a bankruptcy filing will help a person get their drivers’ license back. You can get your license back if it was suspended
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I Want to Give up my House. What is Best for my Credit: Foreclosure, Short Sale or Deed-in-Lieu of Foreclosure?
Take a look about this article: http://tinyurl.com/3jldp3v. The columnist, Michelle Singeltary, from the Washington Post recently wrote about this common question. So many of my clients ask me the same question. Surrendering your home by foreclosure means allowing the bank to go to court and
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Will your Bankruptcy Meeting of Creditors be filled with Tricks or Treats?
As I greet the goblins and ghouls, and other costumed kids on Hallwoeen, I think back to the many Meetings of Creditors that I have represented clients. When you go to this meeting, will you get “tricks” or “treats”? This depends on what you and
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Can I Keep My Workers Compensation in Bankruptcy?
Generally yes, in Illinois. There are certain rules called exemptions in each state, that allows people who file bankruptcy to protect certain things, like a set amount of equity in houses, cars, and household goods, among other things. Illinois law allows people to protect settlements
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I voluntarily surrendered my car. They sold it at auction. Why are they suing me for the balance?
The short answer is that you signed a contract to pay for a loan, and you are responsible regardless of whether you have the car or not. You agreed to be personally responsible for the balance on the loan when you signed the loan documents
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Top 5 Reasons You Should NOT Withdraw Money From Your Retirement Account to Pay off Debt
Top 5 Reasons You Should Not Withdraw Money From Your retirement Account To Pay Off Debt Many people think that they can bail themselves out of trouble by getting out of a short-term crisis and borrowing from their retirement account, or cashing it in. Many
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Can You Eliminate Parking Tickets in Bankruptcy?
Q: Can I get rid of my parking tickets in a bankruptcy? A: It depends on the type of bankruptcy case you are filing. There are two kinds of bankruptcy cases that a person can file, Chapter 7 (debt elimination) and Chapter 13 (debt consolidation).
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