Chicago Attorneys on Foreclosure and Bankruptcy Topics
How Does Bankruptcy Affect My Credit Score?
Wednesday June 17th, 2015

Bankruptcy is a major life decision that can have noticeable benefits for individuals that choose to file. Bankruptcy can improve upon problems that you have with finances. Those considering to file should also be aware of other effects it will have. In many instances, your credit score will decrease once you file for bankruptcy. It […]

5 Tips On How You Can Get Out Of Debt
Wednesday June 10th, 2015

Being in debt is overwhelming. It may seem impossible to get out of debt and you might not know where to begin. However, it is possible and you can do it! It just takes five steps to begin the process of being debt free! Make a conscious decision to stop borrowing money It is important […]

4 Ways To Use A Credit Card Sensibly
Wednesday June 3rd, 2015

Credit cards are part of everyday life. They provide you with a quick and secure form of payment for everything you may need, from groceries to gas. However, sometimes having a credit card can get a little out of control. Although a credit card can be a huge responsibility, it is also very important to […]

What are the Benefits of a Short Sale?
Wednesday May 27th, 2015

Short sales occur when an individual sells their property for less than their mortgage balance. This may seem counterproductive, but a short sale may be the best option in certain situations. If you have incurred real estate debt, it may be an applicable option. Short sales commonly take place as a substitution to foreclosure. The extra fees […]

Understanding Your Credit Report
Wednesday May 20th, 2015

It is important that you understand your credit report for your financial well being. Credit reports can inform someone of unknown fraudulent activity from their name or help with managing your financial health. Here is what you should look for when your request a credit report. There are three main credit reporting agencies in the […]

Life After Bankruptcy
Wednesday May 13th, 2015

In many cases, bankruptcy offers a fresh start. It can be a reasonable option for individuals and businesses to manage their overwhelming debt. It is important to choose the type of bankruptcy that is best for you. Consulting a bankruptcy attorney can get the process started. Once you finish filing for bankruptcy and solidify the […]

Surprising Bankruptcy Stats
Wednesday May 6th, 2015

Bankruptcy is the legal process undertaken by individuals and businesses to manage their debt. It can eliminate expenses and allow parties to rid themselves of debt over time. Bankruptcy is met with a certain stigma, but the facts behind it may surprise you. It has become a commonplace practice given the economic distress  that started in […]

Students: Education Debts and Options
Wednesday April 29th, 2015

It’s graduation season – an exciting time for graduates – but also a time to take a look at student loan debt. Many young people are plagued with student debt once they finish college. Loan debt usually piles up while students earn their degrees. Once students finish school, they usually have a short amount of time – generally […]

Spring Savings: 7 Ways to Save Money
Wednesday April 22nd, 2015

Now that you’ve gotten through tax season, it’s time to focus on your financial future. Looking back on last year’s finances can motivate you to make some changes. Reflecting on your overall spending for the past year may inspire you to be more conscious of how you allocate your funds. Here are seven simple steps you […]

Bankruptcy Myths: Busted!
Thursday April 16th, 2015

Bankruptcy can bring considerable improvements to those that choose to file, but it is often associated with negative connotations. This causes the people that need bankruptcy the most to hesitate on beginning the process. Continuous debt and calls from creditors can be extremely stressful, and the bankruptcy process can alleviate this stress. Here are 7 common bankruptcy […]