Recent Blog Posts

When people are struggling to keep up with their debts, they may consider contacting an attorney about bankruptcy. Chapter 7 is one of the most common types, and with the help of a lawyer, it can provide significant relief from debt collectors....

Are you considering bankruptcy but worried about how it will affect your future financial opportunities? You may be surprised to learn that there are a number of bank accounts you can use even if you have a bad credit score. Keep reading to learn which banks might have options for you....

New Process Announced to Discharge Student Loan Debt. On Thursday, November 17, 2022, the Department of Justice, in cooperation with the Department of Education, announced new guidelines to make it easier and to discharge student loans. In my opinion ....

Homeowners facing foreclosure often feel like they are up against impossible odds. Not only are they dealing with the stress of potentially losing their house, but they also have to navigate a complex legal process....

A 341 Meeting of Creditors takes place after the debtor has filed for bankruptcy. It is presided over by a representative from the U.S. Trustee's office. Creditors and their lawyers are invited to attend this session to discuss the debtor's assets and liabilities...

Credit card debts can be a burden for many Americans. If you're struggling to make ends meet, you may feel like you have nowhere to turn. But there are options available, even if you don't have any money to start with...

Many people are hesitant to file for bankruptcy because they think that the negatives outweigh the positives. However, this typically isn’t actually the case. Filing can provide significant financial relief that far exceeds any adverse consequences...

When parents in Illinois find themselves struggling to make ends meet, they may consider filing for bankruptcy. Unfortunately, some debts—such as child support payments—are not dischargeable through the process. Still, filing can help you get back on...

Many people who consider filing for bankruptcy are concerned that they will lose their vehicle, home, or other personal items. Fortunately, the state of Illinois offers legal protection for most (if not all) of your assets. This protection is...

Many people are hesitant to take advantage of the relief offered by Illinois bankruptcy laws because they’re concerned about the hit their credit score will take. However, the truth is that ultimately, it will recover. In fact, it can be better than...