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Social media platforms including Facebook, Twitter, Google+, LinkedIn and others have become the secret source for bill collectors, creditors and bankruptcy Trustees; a Chicago bankruptcy lawyer will warn you on what posts and pictures can adversely affect your bankruptcy. For many years, divorce attorneys scoured social media sites to get evidence of marital infidelities, large purchases, and ...
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Your bankruptcy attorney is your advocate when filing for bankruptcy, unlike the bankruptcy Trustee assigned to your case. A Trustee is assigned in both Chapter 7 and Chapter 13 bankruptcy cases and are there to act in the best interest of the creditors and is assigned by the Bankruptcy Court. The U.S. Justice Department appoints bankruptcy Trustees and they are normally attorneys with significant ...
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Every state in the United States has their own Statute of Limitations on debt; they vary widely and a Chicago bankruptcy attorney can help Illinois residents weed through the laws. Different types of debt have different periods of time under the Statute of Limitations. Oral contracts, written contracts, open accounts, and promissory notes fall under different guidelines in each state. In Illinois, ...
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Fear is one of the most powerful of all human emotions, during a bankruptcy a Chicago bankruptcy attorney can help alleviate fears and protect your best interest. One of the leading causes of bankruptcy is unpaid credit card and other debts. Once an account is in arrears, creditors hire debt collection companies to collect the debts, and any fees and interest owed. The debt collection industry is ...
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Bankruptcy was created to give people a fresh start with their finances and allow them to recover from past life-altering events such as job loss, a traumatic accident or illness, a pay cut, or divorce. Individuals who file for bankruptcy enjoy immediate relief with the automatic stay imposed on all creditors by law. This helps to relieve the enormous stress associated with the financial problems ...
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Bankruptcy lawyers can help families overwhelmed with debt, including healthcare costs, and can seek help from harassing creditors. With the current state of the economy, and the high unemployment rate in Chicago, many families have lost their health insurance and are now saddled with staggering medical bills. There is hope, bankruptcy laws were created to give individuals and families relief from ...
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It is important, when facing a possible bankruptcy that a debtor takes all of their assets into consideration. This is why it is always best to file a bankruptcy through a reputable bankruptcy attorney in Chicago and to utilize the knowledge and skills to avoid losing any more than you have to. A marriage contract and the type of agreement that is signed can play a large role in determining what ...
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