Walking down any street in America you’ll likely pass one or several homeless people. Some people might choose to put a few dollars in their cup, while others may simply be at capacity already dealing with their own problems and may forge ahead without considering the homeless person. It’s hard to know what’s going on […]
The Bankruptcy Option—Your Friend When Debt Becomes Insurmountable Read Post »
Bankruptcy Debt VideoWhat 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 VideoBetween 2005 and 2008, the banking industry offered Home Equity Lines of Credit (HELOC loans) to thousands of homeowners. If you have one coming due, you may have a major problem on your hands. The HELOC loans generally only charge monthly interest payments for a certain period of years. When the loan expires, the homeowners
Home Equity Loans (2nd Mortgages) Read Post »
Home Equity Mortgage VideoThe idea of filing for bankruptcy is difficult for many people to swallow. Among other things, the shame of letting themselves get into financial hardship can keep people from taking that action. While the process can be difficult to commence, the reality is there are times when it is necessary to simply regroup and start
Bankruptcy as A Learning Experience Read Post »
Bankruptcy Marriage VideoWhen property owners including homeowners do not pay real estate taxes the County can “sell” the taxes to a “tax buyer.” I DON’T WANT TO LOSE MY HOME. WHAT CAN I DO? HERE’S HOW IT WORKS: If the taxes are delinquent for more than one (1) year the county sells the taxes. A tax buyer
Real Estate Tax Sales In Illinois And How To Save Your Home Read Post »
Real Estate Real Estate Tax VideoBusinesses owned solely in an individual’s name or owned by a married couple might well look to reorganize through a Chapter 13 bankruptcy. There may be a time when the business is being crushed by debt but could go forward profitably if debts were prioritized and in many cases substantially reduced. Chapter 13 is only
Reorganizing The Individually Owned Business Read Post »
Businesses Reorganizing VideoIndividuals often have good Personal Injury claims; most arising out of Automobile accidents. Even when liability is clear and actual damages are proven Insurance delay and delay. Insurance companies have 2 reasons. First, they can use the money they will eventually payout for as long as possible. Second, they hope to wear out the Plaintiff
Automobile Accidents And Personal Injury Claims And Bankruptcy Read Post »
Automobile 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
Know Your Debt Collection Rights Read Post »
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 Video