You decided that filing Chapter 7 is in your best interest. To effectively file your case various information and documents are needed. The following is a brief outline: I know that this seems like a lot but most folks have everything and we do help you. Almost all cases go smoothly and you get your […]
What Do I Need to File Chapter 7 Bankrutcy? Read Post »
Bankruptcy Chapter 7 VideoThe Law Firm of Robert J. Adams & Associates remains open. Even with the COVID-19 pandemic we are helping people file Bankruptcy. Also, the Bankruptcy Courts remain open. The Bankruptcy Court and our law firm has adapted to the new reality of the COVID-19 pandemic: CAN I STILL FILE BANKRUPTCY? YES. With this pandemic your
Filing Bankruptcy During the Coronavirus Crisis Read Post »
Bankruptcy COVID-19 VideoIn 2020 almost 20,000 people filed personal bankruptcy in the Chicagoland area. Economists expects more and more people will need bankruptcy relief. There are 2 bankruptcy chapters for individuals: 1) reorganizing debts under Chapter 13, or 2) a full discharge of debts under Chapter 7. We’ll cover the differences soon. There’s also Chapter 11: mainly
What to Expect After Bankruptcy Read Post »
Bankruptcy Credit Score VideoBankruptcy is scary. People think they might lose their car or home. There is a fear of a stigma. Some worry that an employer will hold against them. You need not be afraid of Bankruptcy when you need it. Bankruptcy is like a bulldog protecting your wallet. The law goes a fresh start and protects
Which Chapter of Bankruptcy Should I File? Read Post »
Bankruptcy VideoHave you decided to file for bankruptcy? Or, do you want to look into exploring your options? An experienced bankruptcy lawyer can help you understand how bankruptcy works. You will have to make many choices if you file for bankruptcy. Your first choice should be to hire a lawyer who can help you. Robert J.
Preparing for Bankruptcy Read Post »
Bankruptcy VideoYou are considering Bankruptcy. What will happen to my car? CHAPTER 7. I OWE MONEY ON MY CAR. WHAT DO YOU WANT TO DO? There are four (4) options: CHAPTER 13. HOW DO I HANDLE A CAR LOAN WHEN I FILE CHAPTER 13? Here are some of the options YOU OWN A CAR FREE AND
Automobiles and Bankruptcy Read Post »
Automobile Bankruptcy Car VideoAre you a Homeowner overwhelmed with debts but afraid of what will happen if you file Bankruptcy? This is a reasonable concern. In Illinois, 48,673 people filed for Bankruptcy in 2019.* Chapter 7-30,695: to get a discharge of debts and get a “Fresh Start.” Chapter 13-17,816 to manage their debts. ROBERT J. ADAMS & ASSOCIATES
Will I Lose My House if I File for Bankruptcy? Read Post »
Bankruptcy Home Homeowner VideoTo the first question: Yes. You can buy a car even on the date you file Chapter 7. About the second question: Yes, you can get a car loan after filing Chapter 7. But, you have to be realistic. You have to show a lender that you can repay the loan back. The purpose of
Can I Buy a Car After I File Chapter 7 Bankruptcy Read Post »
Automobile Bankruptcy Car Chapter 7 VideoMillions of Americans have benefited from the United States Bankruptcy laws. Chapter 7 discharges crushing debts. Chapter 13 reorganizes debts. It allows you to keep needed assets. For instance, your car and/or your home. Either of these Chapters gives you a financial “FRESH START.” What happens after Bankruptcy? People need credit. People must rebuild their credit
Get a 720 Credit Score After Bankruptcy Read Post »
Bankruptcy Credit Score VideoMore Detail Pay Advises Social Security Driver’s License Debts Assets Tax Returns Credit Counseling (Cases Cannot Be Filed without A Credit Counseling Certificate)
What Documents and Information Do You Need to File Bankruptcy Read Post »
Bankruptcy Chapter 13 Chapter 7 Documents Video