Category: Illinois - page 12

People often think there is a limit on how many times you can claim bankruptcy in Illinois, but this is not the case. The truth is that you can file as many times as you need it, as long as you comply with the legal conditions placed on refiling…

When your family is suffering from debt and financial struggles, it can feel like they will never end. The fear of losing your home, car, or job can be overwhelming. While many families view bankruptcy as a last resort to get relief from the crippling weight of their debts…

When your family is suffering from debt and financial struggles, it can feel like they will never end. The fear of losing your home, car, or job can be overwhelming. While many families view bankruptcy as a last resort to get relief from the crippling weight of their debts…

Many people fear filing for bankruptcy will mean surrendering their possessions. But one of the most attractive features of bankruptcy is that it can legally protect your assets from creditors, thanks to a long list of exemptions…

One of the things that make people susceptible to the scams we've been talking about is desperation. Let's face it: spending months or even years worried about money can make anybody feel desperate. At DebtStoppers, if there's one thing we've seen over and over…

For you to get a loan, the lender usually requires that you give some guarantee that you will pay the loan back. For a home equity loan, you secure the loan with your home. Typically a home equity loan works like a credit card. It provides you with a…

Rent-to-own stores let you buy new and used appliances, furniture and electronics under long-term payment plans. And they don't check your credit. So if you have poor credit, rent-to-own might look like a good idea — especially if something breaks or you need something that just can't wait. OK, what's so bad about paying a few dollars a week for a computer or a flat-screen TV?…

Every year at about this time there is a glut of advertising by tax return preparers for what they refer to as "Rapid Refund," "Fast Cash Refund," "Express Money," or "Instant Refund". Some locations even offer a chance to play a game and double your "Instant Refund". These very tempting offers purport to get you your anticipated tax refund immediately or within a day or two. What many people don't realize is that there is…

Many ads omit the fact that you may have to work many hours without pay. Or they don't disclose all the costs you have to pay. Most work-at-home schemes want you to spend your own money to run newspaper ads; make copies; or buy the envelopes, paper, stamps and other supplies or equipment you need to do the job. They may also make you pay for instructions or tutorial software. People who've answered these ads have lost thousands of dollars, in addition to their time and energy.…

At Debtstoppers, we admire the American can-do spirit. So, if you’re saying, “Yes, I can become debt free,” we’re with you 100 percent. Our attorneys have the knowledge, skill and experience to guide you through Chapter 7 and Chapter 13 bankruptcy in the most efficient and painless way possible. But if your can-do impulse suggests that bankruptcy is a do-it-yourself project, we have to caution that common errors by pro se (DIY) filers lead to expensive, often irreversible, losses. In fact, the courts throw out most pro se filings because the average…