Most Americans carry some type of debt, whether it’s school loans, credit cards, a mortgage, or other loans. Sometimes, these debts take over, and it becomes impossible to figure out a way to pay everything owed every month. In dire circumstances, the only option might be filing for bankruptcy, where the court takes over and […]
What Not to Do Before Filing for Bankruptcy
Filing for bankruptcy is just the first step in reclaiming your financial well-being, and the simple act of filing isn’t a guarantee that the court will approve the bankruptcy and discharge your debts. Not only is it a good idea to seek guidance and assistance from a lawyer when you file for bankruptcy, but it’s […]
Filing Chapter 7 Bankruptcy With a Bankruptcy Attorney in Chicago
Filing for bankruptcy is a last resort for families in economic straits, but the process is also one of renewals and provides an opportunity to get a fresh start away from endless bills, harassment from debt collectors, and the emotional turmoil of debts you can't pay. Understanding the two major types of consumer bankruptcy will […]