What happens when I have a Personal Injury claim and I need to file a Bankruptcy? Can I protect a potential settlement or judgment? The answer is “Yes” you can file bankruptcy, protect your claim, and even keep your current lawyer. The problem most frequently arises when a person is hurt in an automobile accident […]
Personal Injury Claims And Bankruptcy In Illinois Read Post »
Personal Injury VideoDid you know that more than 70 million people were contacted by a debt collector between 2014 and 2015? (Consumer Experiences in Debt Collection Survey, 2017) Receiving a call from a debt collector can be stressful. Your first instinct may be to hide or ignore the situation and hope it goes away. But that can make
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Debt Collection Rights VideoWhen a person has a pending Personal Injury case they frequently incur a tremendous amount of debt. There are companies that will lend you money and get repaid out of the eventual settlement. So you can take loans on pending personal injury cases in Illinois. Sounds good! But, wait-read the fine print and interest rates.
Borrowing Money when You Have a Pending Personal Injury Case Read Post »
Borrowing Money Injury VideoMortgage companies in Illinois will proceed with a foreclosure at some point when a homeowner falls behind on payments. Probably the most effective way of stopping or preventing a foreclosure is filing Chapter 13. The basic requirements are You can down load for free our eBook: SAVING YOUR HOME And Other Real Estate in Illinois.
Save Your Home; Stop Foreclosure Read Post »
Foreclosure Home VideoIn Illinois creditors can get up to 15% of one’s gross wages-not net wages. If those wages are $500 per week gross; net $450: they take $75. The filing of a Chapter 7 or a Chapter 13 bankruptcy can stop wage garnishments. Most lawyers practicing in Consumer Bankruptcy can file a Chapter 7 or Chapter
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Video WagesPayday loans in Illinois have interest rates up to 400%. Unbelievable but true. You need $500 for something real fast. Many Pay Day Loan companies have you give them a post-date check. You pay it in a week or so it’s OK. But when you can’t then nightmare begins. Repaying a $500 loan over a
Payday Loans – A Short Term Fix: Long Term Nightmare Read Post »
Loans Payday loan Video(Contracts, medical bills, repossession, credit cards, purchases, etc.) Creditors can pursue individuals for a limited period of time. This article sets out some of the more common time limits: THE TIME WHEN THE STATUTE STARTS AND WHEN IT ENDS Attempting to collect a time-barred debt MAY violate the Fair Debt Collection Practices Act, if:
Statute Of Limitation For Debts (Illinois) Read Post »
Statute Of Limitation VideoEVERYTHING YOU NEED TO KNOW FOR DEBT ATTORNEY IN CHICAGO It an alarming situation when your bills are piling up and you do not have the means to pay them. Considering our current economic environment, it is not possible for the debt to spiral out of control. However, if you find yourself in this sludge,
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Debt AttorneyOften individuals with a heavy debt load want to file Chapter 7 but find out they can’t. There is a Means Test. Many middle-income folks are “high earners” in Bankruptcy Land. What this means is the income in the family exceeds certain thresholds. I have a blog that explains the Means Test in greater detail. SO WHAT
The Benefits Of Chapter 13 Repaying 100% To All Creditors Read Post »
Chapter 13 Video