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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 […]

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 […]

Bankruptcy Myths: Busted!
Thursday April 16th, 2015
Bankruptcy

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 […]

Chapter 7 vs. Chapter 13 Bankruptcy
Wednesday March 11th, 2015
Bankruptcy

Filing for bankruptcy in itself is a huge decision. If bankruptcy is right for you and you decided to takeaction, you’ve already taken a step in the right direction. Bankruptcy is defined as the as the legal process where a debtor reorganizes debt through the division of assets.  There are different types of bankruptcy but […]