Blog Posts in May, 2012
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Posted on May 31, 2012 By Charles Glanzer
The two most-asked questions of Chicago bankruptcy lawyers are, “What happens to my home?” and “What happens to my car when I file for bankruptcy in Illinois?” It’s a ...
Continue reading "What Happens To Your Car When You File For Bankruptcy?" »
Posted on May 30, 2012 By Charles Glanzer
Filing for bankruptcy is a difficult decision, but it is also a decision that should not be delayed any longer than necessary. There are a numbers of financial pointers that will be able to point you ...
Continue reading "Are You A Candidate For Bankruptcy in Chicago?" »
Posted on May 30, 2012 By Charles Glanzer
When a parent suffers an economic set-back, like a job loss or layoff, the whole family suffers. The family budget is tightened and sometimes bills go unpaid. One of the most tragic consequences of an ...
Continue reading "Can I Discharge Child Support in Bankruptcy?" »
Posted on May 29, 2012 By Charles Glanzer
If you’re considering filing for bankruptcy you need to talk to a reputable Chicago bankruptcy lawyer about any legal issues you may have. As the rate of bankruptcy filing rises each day, there ...
Continue reading "Bankruptcy And Legal Judgments" »
Posted on May 29, 2012 By Charles Glanzer
Equity in a Chapter 7 bankruptcy case is the difference between the value of the item, minus all liens against it, minus all legal exemptions available to protect it. For most debtors the equity value ...
Continue reading "How to Protect Excess Equity in Bankruptcy" »
Posted on May 25, 2012 By Charles Glanzer
The bankruptcy debtor is required to disclose a great deal of information concerning financial and business affairs. Many of the questions in the bankruptcy forms are not applicable to the ordinary ...
Continue reading "Radioactive Debtor Enters Bankruptcy" »
Posted on May 25, 2012 By Charles Glanzer
Talk to a Chicago bankruptcy lawyer if you are facing any action from creditors. Bankruptcy may be one of the most prudent financial decisions that you ever make for your family. If you have been ...
Continue reading "Filing for Bankruptcy After Job Loss" »
Posted on May 24, 2012 By Charles Glanzer
Do you wait until creditors are hounding you before calling a Chicago bankruptcy lawyer? Do you call for legal help at the first sign of trouble? When exactly is the right time to start look at ...
Continue reading "When Is The Best Time To Declare Bankruptcy?" »
Posted on May 23, 2012 By Charles Glanzer
A Chapter 13 bankruptcy case is a repayment plan over three to five years. The idea is that the debtor pays all he or she can afford to creditors, and most or all unsecured debt that is unpaid at the ...
Continue reading "A Financial Emergency During Chapter 13" »
Posted on May 23, 2012 By Charles Glanzer
Filing for bankruptcy using a local Chicago bankruptcy lawyer is the best way of dealing with a bankruptcy, whether it is a Chapter 7 bankruptcy and you are looking for the discharge of all of your ...
Continue reading "Your Credit Life After Bankruptcy" »
Posted on May 22, 2012 By Charles Glanzer
One of the biggest fears that people have when they contact a Chicago bankruptcy is the issue of their credit rating after declaring bankruptcy. In fact it is a main reason that people refuse to file ...
Continue reading "Credit Rating After Bankruptcy" »
Posted on May 21, 2012 By Charles Glanzer
The issue of bankruptcy and foreclosure is an important one for Illinois homeowners and is one of the first questions asked of Chicago bankruptcy attorneys. It’s an issue that needs to be ...
Continue reading "Can Your Chicago Bankruptcy Lawyer Save Your Home?" »
Posted on May 21, 2012 By Charles Glanzer
Homeowners who file individual bankruptcy cases are often underwater with their mortgages, meaning that the total amount owed on the home is more than its fair market value. The Bankruptcy Code does ...
Continue reading "Lien Stripping A Second Mortgage In Chapter 7" »
Posted on May 18, 2012 By Charles Glanzer
In a few rare cases, the bankruptcy debtor files a Chapter 7 case that contains property with non-exempt equity. The usual case involves a vehicle that the debtor owes much less than the vehicle is ...
Continue reading "Buying Property from the Bankruptcy Trustee" »
Posted on May 18, 2012 By Charles Glanzer
Discuss all your options with you Chicago bankruptcy attorney before you lose your home. If you are struggling to pay your mortgage every month due to a recent job loss or the lingering effects of the ...
Continue reading "Foreclosure, Loan Modification And Bankruptcy In Chicago" »
Posted on May 17, 2012 By Charles Glanzer
Maybe you’re not ready for bankruptcy—or even a good case for it, but you’re still suffering from high debt that makes it impossible to pay the really important bills like rent, ...
Continue reading "Learn How To Deal With Debt Collectors" »
Posted on May 17, 2012 By Charles Glanzer
There are a number of essentials that you need to know about bankruptcy that will help you make a wise decision about using a Chicago bankruptcy attorney in your fight for financial freedom. The first ...
Continue reading "Discuss Bankruptcy With A Lawyer in Chicago" »
Posted on May 16, 2012 By Charles Glanzer
If you are considering filing for bankruptcy in Illinois, you will have to establish both your eligibility for bankruptcy and which type of bankruptcy that you can apply for. This is why it is vital ...
Continue reading "Bankruptcy In Illinois And The Means Test" »
Posted on May 16, 2012 By Charles Glanzer
Our elders always told us, "You get what you pay for," but as we get older we learn that this advice isn't always true. Sometimes you get more than you bargain for, and sometimes less. ...
Continue reading "Beware Cut Rate Bankruptcy Advice" »
Posted on May 16, 2012 By Charles Glanzer
One of the most frequently asked questions of any Chicago bankruptcy lawyer is the length of time it takes for a bankruptcy. People often wonder why a Chapter 13 bankruptcy takes longer than a Chapter ...
Continue reading "How Long Does A Chapter 13 Bankruptcy Take in Chicago?" »
Posted on May 15, 2012 By Charles Glanzer
If your Chicago bankruptcy lawyer was to ask if whether or not you could afford to file bankruptcy, you might think it was a trick question. After all, bankruptcy is a tool for those who are ...
Continue reading "Can You Afford To File For Bankruptcy in Chicago?" »
Posted on May 14, 2012 By Charles Glanzer
The cornerstone of the federal bankruptcy law is the discharge at the end of the debtor's case. The discharge provides the debtor with a new opportunity for a fresh financial start without the ...
Continue reading "The Fair Credit Reporting Act and Bankruptcy" »
Posted on May 14, 2012 By Charles Glanzer
Anyone who is considering filing for bankruptcy should first hire a good bankruptcy lawyer in Chicago. Your lawyer will be able to explain the different types of bankruptcy and how it might be ...
Continue reading "The Importance of A Bankruptcy Lawyer in Chicago" »
Posted on May 11, 2012 By Charles Glanzer
The bankruptcy discharge is one of the most broad and powerful provisions in U.S. law. Discharged debts cannot ever be collected from the debtor. However, there are limits to the bankruptcy discharge ...
Continue reading "Bankruptcy Is Not Absolute" »
Posted on May 11, 2012 By Charles Glanzer
Let a local Chicago bankruptcy lawyer guide you through your bankruptcy process. Petitioning a court with bankruptcy papers is a technical process that you don’t want to face alone. There are ...
Continue reading "Let A Local Chicago Bankruptcy Lawyer Guide You Through the Steps Of Bankruptcy" »
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