Student Loan Debt

One  of the most common questions we get is whether student loans are  dischargeable. And we have to be the bearer of bad news — no, you cannot  get rid of school loans in bankruptcy. Only in very rare cases of  “undue hardship” can student loans be forgiven. BANKRUPTCY MAY STILL BE PART OF THE […]

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Student Loan Video

What Is Cash Collateral And The Use Of Secured Property?

After the filing of the case the first motion usually filed is for a  Cash Collateral Order. Generally there is property that will be used for  the business that generates revenue. If the property has been used to  secure a loan the creditor must be given Adequate Protection. For  instance, if Accounts Receivables have been

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Bankruptcy Cash Video

What Is Small Business Bankruptcy In Illinois?

After 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

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Small Business Video

Wage Garnishments-What is it? How to fight it and Keep Your Hard-

HOW 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

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Garnishments Video Wage Garnishments Wages

Social Security, Unemployment, Worker’s Comp and Bankruptcy

THERE 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

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Bankruptcy Social Security Unemployment Video Worker's Comp
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