A chapter 13 is a form of a repayment plan. Certain debts have to be paid 100%. Other debts like credit cards can generally be repaid at a fraction of the amount due, such as maybe just 10%. WHAT ARE THE REQUIREMENTS TO FILE FOR A CHAPTER 13 BANKRUPTCY? In addition to the requirements for […]
What Is A Chapter 13 Bankruptcy? Read Post »
Bankruptcy Chapter 13 VideoAfter decades of helping individuals and businesses one thing is clear. Each client is unique and that includes their problems, situations, and possible solutions. Experienced lawyers do not offer cookie cutter options. The Bankruptcy laws have parameters, rules and regulations. Within these parameters experienced lawyers should look for solutions that best fit the needs of
What Is Small Business Bankruptcy In Illinois? Read Post »
Small Business VideoCAN I FILE A NEW BANKRUTCY? CHAPTER 7 OR CHAPTER 13? This is a general outline provided by ROBERT J. ADAMS & ASSOCIATES. Offices in Chicago and Waukegan, Illinois The primary practice of ROBERT J. ADAMS & ASSOICATES is Chapter 7 and Chapter 13 Bankruptcy. This article is only about timing: not whether you can
Can I File a New Bankrutcy? Chapter 7 or Chapter 13? Read Post »
Bankruptcy Chapter 13 Chapter 7 VideoTYPES OF BANK GARNISHMENTS AMOUNT YOUR BANK WILL FREEZE The law requires that the bank freezes double the amount of the judgment. For example: judgment is $3,000 the bank will freeze $6,000. JOINT ACCOUNTS The law presumes all funds are yours. The joint account owner has the obligation to file a motion and proof the
Bank Garnishment and What Can I Do? Read Post »
Bank Garnishments Video Wage GarnishmentsHOW DID MY WAGES GET GARNISHED? “I didn’t know someone sued me.” That is not uncommon. But the Clerk of the Court will show a judgment against you. A Wage Garnishment demands that your employer pays them 15% of your gross income: not net income. For example, gross income is $600 per week the deduction
Wage Garnishments-What is it? How to fight it and Keep Your Hard- Read Post »
Garnishments Video Wage Garnishments WagesA few years ago we helped a woman who was in a wheelchair and housebound to file Chapter 13. Most of the work was done over the phone. Then I went to her house to get signature, etc. Then I had an unusual experience with a gentleman was incarcerated awaiting trial on a serious matter.
Remote Filing Bankruptcy Read Post »
Bankruptcy COVID-19 Remote Video
This is a general outline provided by ROBERT J. ADAMS & ASSOCIATES. Offices in Chicago and Waukegan, Illinois The primary practice of ROBERT J. ADAMS & ASSOICATES is Chapter 7 and Chapter 13 Bankruptcy. Robert J. Adams & Associatea stops finance companies from repossessing your car & helps get cars back. When you finance the purchase of
Automobile Repossession in Illinois Read Post »
Automobile Car RepossessionTHERE ARE 2 TYPES OF QUESTIONS THAT PEOPLE RECEIVING BENEFITS ASK As to the first question, receiving benefits such as Social Security, Unemployment, or Worker’s Compensation the answer is ”YES.” Receiving benefits is not a deterrent to filing a case. SHOULD YOU? THAT IS MORE OF AN INDIVIDUAL DECISION. First, you should know: private creditors
Social Security, Unemployment, Worker’s Comp and Bankruptcy Read Post »
Bankruptcy Social Security Unemployment Video Worker's CompHOW LONG CAN A DEBT COLLECTOR PURSUE AN OLD DEBT? This is a general outline is provided by ROBERT J. ADAMS & ASSOCIATES. Offices in Chicago and Waukegan, Illinois. The primary practice of ROBERT J. ADAMS & ASSOCIATES is Chapter 7 and Chapter 13 Bankruptcy. Private creditors have a limited amount of time to collect
Statute of Limitations for Debts in Illinois Read Post »
Debt Statute of Limitations VideoCan Personal Income tax be discharged in Bankruptcy: Chapter 7 or Chapter 13? The answer is “Yes” based on certain rules: CHAPER 13 The same rules apply to both Chapter 7 and Chapter 13. If you file Chapter 13 the IRS debts that can be discharged receive a dividend like other unsecured debts. The dividend
Discharging Personal Income Tax (IRS) in Bankruptcy Read Post »
IRS Taxes Video