Lately, many of my clients have been completing their Chapter 13 Bankruptcy Plans and getting Discharge Orders. This is a HUGE accomplishment! Chapter 13 is a 3 to 5 year Court-supervised plan where individuals pay their debt back in whole or in part. Creditors are
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Archives for Chapter 13
The Calm Before the Bankruptcy Storm
We Are Here to Help You Weather the Storm! With 5 months of the Pandemic behind us in the US, millions of jobs lost, mortgage and rent payments missed, many are wondering, where’s the Tsunami of Bankruptcy filings? In fact, compared to 2019, Bankruptcy filings
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What to Expect When You’re Expecting.. to File for Bankruptcy Protection
What to Expect…. In Bankruptcy Court! I’ve written many articles on how to be a good Client in a Bankruptcy case, and the documents you’ll need to have ready for your Attorney. Here is an update on exactly what to expect as a client, or
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Bankruptcy Court Hearings in the Age of a Pandemic
Bankruptcy Court is Open! Emergency Declared– What are Courts Doing? Back in Mid-March, when the President declared a State of Emergency for all 50 states, and most states imposed some sort of a stay-at-home order, most State Courts almost immediately shut down. In the State
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What Should Small Businesses Consider During a Financial Crisis?
These strategies apply to our current COVID-19 Crisis, or any economic downturn. If you are a Small Business owner, you are getting conflicting messages. You can’t open without providing protection for yourself and your customers. But, you should pay your workers, open, and get going
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The “Touchless Bankruptcy” is Here!
Touchless Bankruptcy- Sparkling Clean Credit! BankruptcyLawChicago is Open Now! In these unprecedented times, we are all faced with challenges. Now, with people losing jobs, and trying to stay safe, we are here to help you. BankruptcyLawChicago.com is open as an essential business. We are here to
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EMERGENCY RESOURCES FOR CORONAVIRUS-RELATED FINANCIAL RELIEF
CORONOVIRUS, PERSONAL FINANCE, AND THE COURTS -MARCH 15, 2020
This is not the usual Blog. And these are not usual times. That’s an understatement! As an attorney who deals with people in financial emergencies every day, I am going to give an update on what is happening here, with my Bankruptcy firm, on the
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How To Recover From Bankruptcy Filing- Rebuild Your Credit!
Almost everyone I talk to, when considering filing for Bankruptcy Protection, asks “How will this affect my Credit?” What they really want to know is, will they be able to get credit in the future? The answer is that Bankruptcy temporarily causes your credit score
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We Help Our Clients with a Free Credit Review after Bankruptcy
The purpose of filing for Bankruptcy Protection is to eliminate certain debts. Once you’ve filed your petition, completed the 2nd counseling course, and attended your Meeting of Creditors, you should receive a Discharge Order, which is the official document signaling that debts such as credit
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