Here is another very important question from AVVO.com. The client wants to file a new Chapter 13, but the attorney won’t call back or respond. And, to top it off, the client’s car is about to get repossessed. It is very important that you choose
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Archives for General Bankruptcy Topics
Guaranteed Business Loan and Business Fails–Is Bankruptcy an Option? Will I still be able to protect my House?
This question came in on AVVO.com, and is important. I see many business owners struggling with the same types of problems. You can see that the details are complicated, and this person definitely needs legal help to untangle it. I rephrased it for the Headline,
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Liablity for Home Maintenence and City Fines After Bankruptcy
Another question posed on Avvo.com Five years ago i filled for bankruptcy and in the process i gave up my home because i could no longer pay the mortgage. I am not getting letters from the city with fines for grass exceeding the city requirements.
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How To Find a Lawyer you can Trust and Will Work With You on Fees?
Here’s the question from Avvo.com: How do I find a lawyer i can trust and who will work with me on fees? I had a horrible experience with my divorce atty and i’m now in need of professional help regarding bankruptcy/foreclosure and i’m worried not
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Do I have to pay Income Taxes on Debts Discharged in Bankruptcy?
Here’s a question posed on Avvo.com: I was granted a chapter 7 bankruptcy in April what tax ramifications can I expect in IL? I want to know if I will have to pay taxes on the discharged amount? Also I just got a deed in
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Should I Refinance a Cross-collateralized Vehicle Before Filing Bankruptcy to get a Better Deal?
Here’s the actual question from AVVO.com: Can I refinance my car loan RIGHT BEFORE i file for a Chapter 7 BK to get a better % and shorter loan terms? Would refinancing my vehicle RIGHT BEFORE i file for bankruptcy (Cht 7) cause any issues
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How common are deficiency judgments on primary residences in Cook county illinois?
Here is an important question: Our home was sold just a few days ago. We are trying to see whether we should be anticipating a deficiency judgement. From what I’ve gathered deficiency judgments are not being pursued on primary residences. How true is this? and
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Could I declare money owed to attorney for divorce in bankruptcy?
Can you can discharge (eliminate) divorce attorney fees in bankruptcy? My answer: If it is for your attorney, generally yes, you can discharge it in bankruptcy. However, there are exceptions, for example, if the fees were ordered to be paid as a part of a
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What Happens to My Cosigner’s Credit if I File Bankruptcy?
Many times, when people try to get credit for a car, house, or something else, they can’t get credit on their own. So, they get a family member or friend to cosign on the loan. But, if they cosign a loan for you, they are
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Have Financial or Legal Questions? We’ll answer them!
There are so many websites which claim to help answer your legal questions. We have a firm that concentrates our practice on personal and small business finances, bankruptcy, and foreclosure defense. With over 20 years of legal experience, we can answer many of the questions
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