Tag Archives: Illinois bankruptcy

When finances get tight, most people take an in-depth look at each of their monthly expenses and consider cutting out what they do not need. If, after making adjustments to your budget, you still cannot make ends meet, you may … Continue reading

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Getting behind on your bills due to unforeseen life events takes a toll on both your credit score and your emotional well-being. When your vehicle becomes repossessed, it may feel like the world has collapsed around you. How are you … Continue reading

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Divorce can be stressful for anyone, but it becomes especially difficult when a couple is struggling with financial difficulties during the breakup of their marriage. When spouses are facing overwhelming debt, bankruptcy may be their best option, allowing them each … Continue reading

Posted in Bankruptcy, Chapter 13 Banruptcy, Chapter 7 Bankruptcy, Divorce, McHenry County Bankruptcy Attorney | Tagged , , , , , , , , ,

A discharge in bankruptcy releases debtors from the personal liability they hold in certain types of debts. In other words, the debtor is no longer obligated to pay the creditor, and the creditor is barred from taking any further legal … Continue reading

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The cost of medical treatment is one of the most common reasons that Americans file for bankruptcy. Considering the declining health of many Americans, and the lack of access to quality health care for many, this is not a surprising … Continue reading

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Filing for bankruptcy—no matter which chapter you choose—can be a mentally exhausting process. For many Americans, though, bankruptcy offers an opportunity to regain financial independence and stop creditor actions. In many cases, Chapter 13 bankruptcy is a smarter option than Chapter … Continue reading

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