Blog Posts in April, 2012

  • When deciding whether or not to use a bankruptcy attorney in Illinois, Chicago residents should consider three important facts. While many people believe that hiring a bankruptcy attorneyis too expensive and they can do it on their own, they are mistaken. Attorneys have the experience to make sure your bankruptcy successfully gets you out of debt. Individuals filing for bankruptcy generally have ...
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  • Life After Bankruptcy

    17-Apr-2012

    There is one fact that any bankruptcy lawyer will always warn about: Filing for bankruptcy without knowing your rights and responsibilities. Bankruptcy does not mean that you will lose everything that you own. There are ways of minimizing the damage and ensuring a stable financial future for you and your family. Understanding Bankruptcy Laws There are two types of bankruptcy that can be filed by ...
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  • Chicago residents in over their head with debt should realize that consulting a bankruptcy attorney is not one size fits all and actually has many benefits. Depending on which type of bankruptcy you file you may be able to keep your home and vehicles while working on repayment. The moment you file for bankruptcy through a reputable bankruptcy attorney, debt collectors must cease their attempts to ...
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  • If you find that you’re drowning in a sea of unpaid medical debt, you need to talk to a Chicago bankruptcy attorney about your rights. The recession seems to be lingering like a bad cold over America and yet certain necessities still have to be paid no matter how bad the economy gets. The instances of unpaid medical bills have risen sharply, placing a beleaguered economy under even more ...
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  • If you’re facing a barrage of angry creditors on a daily basis then you need to stop stalling and consult a bankruptcy lawyer about protecting your rights and your financial future. If you have recently suffered a setback financially, you might be falling into arrears with your creditors and they may decide to take drastic steps to recover their money. Financial help is hard to find these ...
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  • For many people the first thing that comes to mind when they have faced a job loss is bankruptcy. If you have been out of work for an extended period of time and you do not see any way to service your debt you need to talk to a good Chicago bankruptcy lawyer about your options. Take control of your financial future by getting as much unemployment help as soon as you suffer a job loss. It is ...
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  • When you file for a Chapter 7 bankruptcy through a professional bankruptcy attorney in Chicago, medical bills, credit card debt and other unsecured debt is wiped out. While some property may be used to pay off creditors, your primary residence will be safe. A Chapter 13 bankruptcy allows you to pay off outstanding secured debt such as mortgage payments over an extended period, and you will be able ...
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  • Medical bill debt is a massive drain on an economy already weakened by the recession. While you can debate the endless cycle of higher medical costs and lower incomes forever, the fact of the matter is that millions of Americans are going under because of the inability to pay their medical bill debt. Health insurance is closely linked with employment and the higher rate of employment means that ...
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  • Bankruptcy may sound like the end of life as you knew it, but the truth is that with the help of a Chicago bankruptcy lawyer you can end this low point in your life with as few scratches as possible. Indeed, dealing with bankruptcy is by no means a picnic, but it is not as life shattering as some people will have you believe. How Bankruptcy Will Change You There is no doubt that going through ...
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