Chicago Bankruptcy Legal Advice (189 found)

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Alan James Brinkmeier
Alan James Brinkmeier's answer
Contributor Level 10

Money debts you owe to the government (such as fines and taxes) do not get...
Question

E. Brian Davis
E. Brian Davis' answer
Contributor Level 7

No. It is gross income (before taxes).
Henry Repay
Henry Repay's answer
Contributor Level 6

The means test is based on gross income. You should be aware that: (1) the...
Steve Fromm
Steve Fromm's answer
Contributor Level 7

You should ask the tax attorney before the meeting what he see the approximate...
Brian Joseph Cohan
Brian Joseph Cohan's answer
Contributor Level 5

Under Illinois law, the only thing you can do is vacate the judgment by filing...
Evan Mclean Simpson
Evan Mclean Simpson's answer
Contributor Level 4

Section 525(a) of the Bankruptcy Code provides, in part, that a governmental...
Laura Mcfarland-Taylor
Laura Mcfarland-Taylor's answer
Contributor Level 8

I agree with Mr Simpson - the Bankruptcy Code specifically states that the...
Question

Henry Repay
Henry Repay's answer
Contributor Level 6

The exact circumstances would need to be better considered with access to the...
Question

Brian Joseph Cohan
Brian Joseph Cohan's answer
Contributor Level 5

Legally, it is mostly her problem and I do not understand why she would so...
Question

Salim John Sheikh
Salim John Sheikh's answer
Contributor Level 6

You should consult with an attorney regarding your situation. I hope you...
Question

Jeffrey Daniel Larkin
Jeffrey Daniel Larkin's answer
Contributor Level 7

One option would be to file for divorce and have your case bifurcated....
Laura Mcfarland-Taylor
Laura Mcfarland-Taylor's answer
Contributor Level 8

You should be asking your bankruptcy attorney these questions. There are just...
Question

Robert Smead Hogan
Robert Smead Hogan's answer
Contributor Level 5

In most states, an IOU is merely another name for what the law calls a "Note."...
Salim John Sheikh
Salim John Sheikh's answer
Contributor Level 6

Mr. Hogan is correct. The patron still has an obligation to pay. Now whether...
Question

Henry Repay
Henry Repay's answer
Contributor Level 6

If you are receiving regular income from it, then the income would impact your...
Charles Ross Smith III
Charles Ross Smith III's answer
Contributor Level 3

Generally speaking it is a bad idea to try to pay off some creditors before...
Question

Henry Repay
Henry Repay's answer
Contributor Level 6

It sounds like you need to consider an individual bankruptcy. It is not likely...
Question

Joseph Michelotti
Joseph Michelotti's answer
Contributor Level 4

Presumption against you: cash advances within 70 days of of filing (...
Question

Joseph Andrew Harrison
Joseph Andrew Harrison's answer
Contributor Level 4

If you have been served with a summons, you need to appear on the return date...
Joseph Andrew Harrison
Joseph Andrew Harrison's answer
Contributor Level 4

Clarification - I was stuck on the last question to which I had responded....
Jeffrey Daniel Larkin
Best Answer: Jeffrey Daniel Larkin's answer
Contributor Level 7

After 10 years, creditors are not going to hold your bankruptcy against you....
Laura Mcfarland-Taylor
Laura Mcfarland-Taylor's answer
Contributor Level 8

They might, however I have found that most of my clients are back in creditors'...
Andrew Joseph Miofsky
Andrew Joseph Miofsky's answer
Contributor Level 4

The simple answer is your credit line should say $0 Balance; and the trade line...
Question

Jeffrey Daniel Larkin
Jeffrey Daniel Larkin's answer
Contributor Level 7

Absent fraud, no, unless he has personally guaranteed your investment. LEGAL...
Erik Glen Swanson
Erik Glen Swanson's answer
Contributor Level 7

What for? If the business failed because of poor business decisions or the...
Laura Mcfarland-Taylor
Laura Mcfarland-Taylor's answer
Contributor Level 8

Your impression is incorrect. While the information may not be on your credit...

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