With the help of the experienced Joliet bankruptcy attorneys at the Law Offices of Stuart B. Handelman, you can make this dream your reality. Contact us now at 815-722-2201.The staff at the Law Offices of Stuart B. Handelman, serving Chicago, as well as Cook, Will, Grundy, DuPage, Kendall, LaSalle and Lake Counties, consists of knowledgeable and friendly people who can get the job done. We pride ourselves in being approachable, responsive, supportive and a positive force in a difficult situation.
Source: targetlaw.com
Video: Chicago Bankruptcy Lawyer ? Find a Chicago Bankruptcy Lawyer
W ? What You Need to Bring to an Appointment with a Bankruptcy Attorney
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Source: bankruptcylawchicagoblog.com
Illinois homeowners may consider alternative to foreclosure
These and other guidelines may make short sales more attractive to both homeowners and lenders, eliminating the threat of foreclosure. However, if a short sale is not a viable option for a homeowner, and they are still facing foreclosure, that homeowner may want to consider filing for bankruptcy protection. The Illinois laws and United States Bankruptcy Code may provide homeowners with an alternative option to finally conquer outstanding debt and provide the basis for a return to financial security.
Source: cookcountyilbankruptcyblog.com
Illinois among nation?s worst for personal credit health, debt
New information released from Internet research firm CardRatings.com shows that Illinois is among the 10 worst states for bankruptcy proceedings in relation to personal credit. The study was based on analysis of five categories of data: individual credit usage including repayment, broad economic health, unemployment, personal bankruptcy rates and credit scores. Additional information included credit card delinquency rates and home foreclosure rates, all of which were gathered from national data clearinghouses.
Source: affordablebankruptcychicago.com
Student Loan Debt: Bankruptcy and Disclosure
It should be noted, however, that it is sometimes possible to show that such loans should be discharged in bankruptcy due to undue hardship. Even without such a showing, a bankruptcy filing can often help people get control of other bills, so that tackling student loan debt becomes more manageable.
Source: edfeldlaw.com
Chicago Tribune?s business bankruptcy end in sight
As many positive aspects that may come from the recent bankruptcy decision, junior creditors of the Chicago Tribune have expressed their intent to appeal the decision. Although there is talk about an appeal, experts claim an appeal would be difficult based on the fashion in which the judge?s opinion was written. Business bankruptcy can be timely and complex, but can provide a business an avenue of relief and allow the business to start new.
Source: youngbklaw.com
Understanding Reaffirmation in a Chicago Bankruptcy Case
The reaffirmation agreement is an agreement that you as the debtor come to with a creditor about one of your debts. A Chicago bankruptcy specialist will be able to help you with this. In most cases, bankruptcy will discharge your debts. The creditor could repossess or foreclose on the property though. When you reaffirm the debt, it means that even though your other debts go through the discharge process, you will still be able to pay all of the debt that you reaffirm. Thus, if you are paying for a car, you can reaffirm the debt with the help of the creditor and the Chicago bankruptcy specialist to make sure that you do not have to worry about repossession.
Source: articles-digest.com
Bondholders, insurers challenge San Bernardino bankruptcy
Bond insurer National Public Finance Guarantee Corporation, a unit of MBIA, argued in a filing on Wednesday that San Bernardino provided no financial information to its creditors and had not proved it was eligible to declare a fiscal emergency or to seek municipal bankruptcy protection under Chapter 9 of the bankruptcy code.
Source: bankruptcylawyersacramento.net
Chicago Bankruptcy Attorney Answers 5 Typical Questions
Reaffirming a debt is putting yourself back on the hook for a debt that would otherwise have been discharged in your bankruptcy.? In Illinois, this is typically done with automobiles.? What you are doing is you are saying I want to continue with my contract price, my contract monthly payment or a new payment negotiated by the attorneys in order to keep the car.? If you were to fail to make the monthly payments or defaults on the loan at a later date, this bankruptcy would not eliminate that debt.? You would be liable for any deficiency judgment on the car.
Source: bankruptcy-lawyers-chicago.com
Chicago?s O?Hare Affected by American Airlines Bankruptcy
In March of this year, the City of Chicago heard from airport employees in response to the proposed Stable Jobs Stable Airports Ordinance proposed by Alderman Jason C. Ervine. The City of Chicago?s Department of Aviation, according to InsideChicagoAirports.com ?is undertaking the largest turnover of airport concessions contracts in the city?s history?handing out lucrative contracts with more than $250 million a year and putting the jobs of 1,500 Chicagoans who work in O?Hare and Midway at risk.?
Source: illinois-bankruptcy-law-blog.com
Related posts:
- Joliet Bankruptcy Lawyer on Filing Chapter 13
- Joliet Bankruptcy Lawyer David M. Siegel
- Joliet Bankruptcy Lawyer on Filing Chapter 13
- Joliet Bankruptcy Lawyer on Filing Chapter 13
- W ? What You Need to Bring to an Appointment with a Bankruptcy Attorney
Source: http://foreclosureattorneyco.com/joliet-bankruptcy-attorney/
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