In the wake of the recent US Supreme Court decision ensuring equal rights for same-sex couples, the Justice Department has issued new rules to allow them to file a joint Bankruptcy case if they are legally married. According to a Wall Street Journal article, President Obama’s
Read More
Archives for General Bankruptcy Topics
What to do if you Get at 1099-C From a Mortgage Company After Foreclosure and Bankruptcy?
You did everything right. You needed to give up your house because it was under water, and couldn’t short sell it. So, you filed bankruptcy, and let the house get foreclosed on. So, as a result of the Chapter 7 Bankruptcy, you can’t be sued
Read More
Bankruptcy Law Chicago—On the Move!
The big day is here—and I’m not talking about the Super Bowl! Bankruptcy Law Chicago’s main downtown office is moving! We aren’t moving across town, or even down the street… We are moving down the hall. Now, why am I writing about this, not a
Read More
Why Finding the Right Bankruptcy Attorney is like Going on a Job Interview
If you are having financial problems, you have a lot of stress in your life. So, how would you go about finding an attorney to help you? There are many ways to find the name of an attorney, such as asking a friend, or looking
Read More
Important Court Ruling Allows Illinois Homeowners to Pay Sold Taxes in Chapter 13
Almost year ago, I wrote about this issue. Homeowners in Illinois who don’t pay real estate taxes on time are given a certain amount of time to pay the taxes. If, at the end of the year, they don’t pay their real estate taxes, the
Read More
New Reports Available- 7 Secrets to a Successful Chapter 7 Case, and 13 Secrets to a Successful Chapter 13
I wrote 2 new reports to help people understand the bankruptcy process better: 7 Secrets to a Sucessful Chapter 7 Case and 13 Secrets to a Successful Chapter 13. Call or email us for your free copy. Here is an excerpt: As an attorney with
Read More
Is it Worth it to Defend a Debt Collection Case?
Here is another very important question. You think you have some defenses to the collection case brought against you. You want to try to reach a settlement or pay ment plan, but the other side is being unreasonable. Is it worth the time, and money
Read More
House Foreclosure Sale Date Soon! Do I Have Defenses to Foreclosure? Can I stop Foreclosure? I got a Mortgage Settlement.
Here is another very important question: My foreclosure sale date is in January, 2014. What are my defenses to avoid my house from being sold? I am from Illinois. I have not been paying the mortgage for a couple of years now with Bank of
Read More
How Young is Too Young to file Bankruptcy?
Here is another good question: I’m 24, should I file Bankruptcy I have more debt than I can even keep straight. I have a car due for repossession. I have city tickets to pay. There are countless debts. I need to know if it is
Read More
New Credit Scoring- Help for Borrrowers After Bankruptcy?
Many people are trying to recover from negative, or lack of credit history, from events like Bankruptcy, foreclosure, and divorce. Almost everything in the credit industry, that is, qualifying for home loans and car loans, is geared towards people who “have” lots of credit. That
Read More
