When you can’t pay your mortgage on time, you start to panic. How much time do I have to get caught up? What happens when a foreclosure is filed? How soon can they sell my house, and what can I do to stop it? What follows below is a description of the process and answer […]
Home Foreclosure In Illinois Read Post »
Foreclosure Home VideoCondominiums (Condo) include multi-unit apartments and townhouse and some single family house. While co-ops are a bit different the following generally apply to the following. DUES Owners of Condo units are responsible for monthly dues or assessments. In addition the Condo Association can levy special assessments. The special assessments can be required to be paid
Delinquency – Condo Dues In Illinois And How Bankruptcy Can Help Read Post »
Bankruptcy Condominium VideoPeople are always concerned that they can lose their car or furniture when they file a Chapter 7 case. While it is a reasonable concern, the law recognizes that one can keep more than just the shirt on his back when going through bankruptcy. Property exemptions determine what property debtors may keep. Illinois has its
Personal Property Exemptions In Illinois For Chapter 7 And Chapter 13 Read Post »
Chapter 13 Chapter 7 VideoThere are times when it is best to convert a Chapter 13 case to a Chapter 7 and get a “fresh start.” The question is why you filed a Chapter 13 and whether you still need to keep paying into your Chapter 13. Is it a good idea to convert my Chapter 13 to a
Should I Convert My Chapter 13 to A Chapter 7? Read Post »
Chapter 13 Chapter 7 VideoFolks frequently ask if they are eligible to file a Chapter 7 or Chapter 13 case. This article will acquaint you with the 2, 4, 6, 8 Rule and give eligibility guidance. I filed a Chapter 7 or Chapter 13 in the past: Can I file a case now? This article is limited to whether
Can I File a New Bankruptcy Case? Read Post »
Bankruptcy VideoWhen a creditor obtains a money judgment against you they have various collection techniques. If they find out that you have a bank account or a credit union account they can proceed with a court order to seize the money. WHAT HAPPENS WHEN I GET A BANK GARNISHMENT AND WHAT CAN I DO? The creditor
Bank Garnishments – Illinois – How Does It Work; What To Do Read Post »
Bank Garnishments VideoIf you have ever taken out a Payday loan, you probably know they are extremely hard to get rid of. Payday loans have become a huge industry able to charge unbelievable interest rates. Going on the internet I see interest from 243% to 782%!! WHAT THE TRAPS, WHAT ARE THE GOOD OPTIONS, AND, BUSTING THE
Payday Loans – A Short Term Loan That Becomes A Long Term Problem Read Post »
Payday Payday loan VideoA Title Loan is a form of short-term lending where you pledge your car as security. The interest rates are astronomical just like a payday loan. We often see rates of 125% or even as high as 200-300%. The following is an explanation of what a Title Loan is, the costs, and good options for
Title Loans – Save My Car Read Post »
Automobile Car Title Loans VideoFiling for bankruptcy is a personal decision. The following is a quick guide for you. If you can relate to two or more of these problems, you owe it to yourself to find a solution. Robert J Adams & Associates will make taking the step toward bankruptcy (Chapter 7 or Chapter 13) a little easier. You can
Should I File Bankruptcy? Read Post »
Bankruptcy VideoMany Homeowners file a Chapter 7 Bankruptcy who are current on their mortgage and want to keep their home. The question is “Do I reaffirm my mortgage?” The answer, almost always, is a big fat NO. REAFFIRMATION GENERALLY In a Chapter 7 secured debts (like a car note* or mortgage) are generally treated one of
Should I Reaffirm My Mortgage In A Chapter 7? Read Post »
Chapter 7 Mortgage Video