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10 Things to Consider when Filing Bankruptcy

YOUR FRIENDS LIE and 9 other things you should know when considering filing for bankruptcy Filing for bankruptcy is a big step and should never be taken lightly.  Regardless of what Chapter you file or which attorney you use, the list below points out 10 things you should be thinking about before,...

Disclaimer

DISCLAIMER: The information provided pertains to Chapter 7 and Chapter 13 consumer bankruptcy as it relates to this practice in Illinois. Bankruptcy law is promulgated by the federal government. Laws in Illinois are going to be similar (but not exactly the same) to laws anywhere in the country....

Chicago Developer To Exit Bankruptcy

The developer of the Chicago Spire has found a way out of its bankruptcy. Atlas Apartment Holdings LLC has agreed to finance $135 million toward its exit plan. Shelbourne North Water Street LP has been in Chapter 11 reorganization since 2008. Read more from Law360.com: The developer of the...

5 Reasons People File Bankruptcy

1. Prevent foreclosure on your home Filing for bankruptcy may not make the mortgage on your property go away. However, it will help you plan how to repay the amount that you are behind on. With this, you can properly organize your funds and deal with the more important problems first. 2....

Aurora IL Bankruptcy Lawyer

If you are in financial distress, as many Americans are, contact a law office with over 50 years experience in Aurora IL to assist with getting you back on track. There are many things that can cause us to fall behind: a lost job, illness, death, divorce, student loans, and just hard times. So don’t...

Helpful Bankruptcy Articles and Information

Helpful Bankruptcy Articles and Information 5 Reasons People File Bankruptcy Filing for bankruptcy may not make the mortgage on your property go away. However, it will help you plan how to repay the amount that you are behind on. With this, you can properly organize your funds and deal with the...

Notice Links

Notice Links Notice for Child Support for Illinois only (PDF) Notice for Child Support for all states Proper Notice of IRS (PDF) Useful Bankruptcy Links General Bankruptcy Links Related Organizations Notice Links Credit Report Links ZAP Office Directory Information Useful at...

The Bankruptcy Process And What It Means To You

Understanding The Bankruptcy Process In the United States, there are two types of bankruptcy for individuals. They are Chapter 7 and Chapter 13 which are detailed in the Bankruptcy Code. When an individual declares Chapter 7 bankruptcy, which is also known as a “straight bankruptcy,” all of the...

Bankruptcy Organizations

Related Organizations Northern District of Illinois District Court Secretary of State National Association of Consumer Bankruptcy Attorneys Website American Bankruptcy Institute Website U.S. Department of Justice Website GreenPath Debt Solutions American Bar...

Bankruptcy Articles

Helpful Bankruptcy Articles and Information 5 Reasons People File Bankruptcy Filing for bankruptcy may not make the mortgage on your property go away. However, it will help you plan how to repay the amount that you are behind on. With this, you can properly organize your funds and deal with the...