You have decided to file Chapter 7 or Chapter 13, or you are considering it. You should know you must provide certain information to your lawyer. Also, you must provide documents. The following is a shorthand list of what is needed. More detail PAY ADVISES; PAY STUBS SOCIAL SECURITY CARD For undocumented clients, we can […]
A Helpful Guide When Considering Filing Bankruptcy Read Post »
Bankruptcy VideoIs your home in foreclosure, or have you missed three or more payments? We are here to help. Can You Stop Foreclosure? Some options are temporary. When you defend the foreclosure in state court, you will stop the foreclosure for some time. Generally, it only delays the foreclosure and is not a permanent solution. Other
Save Your Home From Foreclosure in Illinois Read Post »
Bankruptcy Foreclosure Home Homeowner VideoBankruptcy laws say you must do a Means Test. You must list the gross income in your family for the past six (6) months. Is the total amount below or above the amounts listed in the table below? The number of persons in the household is generally the number on your tax return. But you
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Bankruptcy Means VideoHere is a typical problem many good folks have. John Q (or it could be Mary Doe) has a lot of credit card debt: $20,000, $30,00, $40,000, or some other amount. John also has medical debt. John can’t keep up with payments. After doing the best he can, he is broke. He doesn’t have any
Credit Score After Chapter 7 Read Post »
Bankruptcy Chapter 7 Credit Score VideoMEDICAL BILLS AND YOUR CREDIT SCORE There have new changes in reporting medical debts. These changes affect your credit score. AS WITH MOST THINGS, THERE ARE “IFS and BUTS. OTHER DEBTS THAT MAY NOT SHOW UP Some debts never find their way to credit reports. Disclaimer: Blogs on legal matters are for information purposes only and
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Bankruptcy Medical Bills VideoPeople call me frequently who have a real need to file Chapter 7 bankruptcy but are hesitant. Why? Cars. People are afraid they will lose their cars even though they are up to date on their car notes. There is no need to worry. Finance companies want your money, not your car. When you file
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Bankruptcy Buying a Car Car Chapter 7 Video
In most years, federal income taxes are due by April 15. This year is different. April 15 , 2023, falls on a Saturday. Monday, April 18, 2023, is a holiday in Washington, DC. This year’s Tax Day is Tuesday, April 18, 2023. Most folks file their taxes much earlier. Why is Tax Day important.? Some
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Tax DayThe simple answer is “Yes.” After filing Chapter 7, you can buy anything you want. The real question is, “Can I get a mortgage?” To initially qualify for a mortgage, you must wait. (The above starts from the discharge date, not the filing date.) The higher your credit score; the more of a downpayment;
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Bankruptcy Chapter 7 Video