Waukegan, IL
Personal injury Lawyer at Waukegan, IL
Practice Areas: Personal Injury, Chapter 7 Bankruptcy ... +3 more
If you are contemplating selling or transferring an asset before filing for Bankruptcy you should discuss this with an experienced lawyer. You may be playing with dynamite. THE PROBLEM WITH LAST MINUT...
See Full GuideIndividuals thinking of filing a Chapter 7 are always concerned about their car. What will happen? Hopefully this guide will help. REAFFIRM THE DEBT Essentially, you agree that the debt goes on after...
See Full GuideSince 2008 or so, property values have fallen leaving many people owing more money than their property is worth. If you own a building with rental apartments, you may be able to reduce what you pay to...
See Full GuideWhat happens after a foreclosure sale when the home does not sell for enough money to pay off the mortgage? Mortgage companies can collect the remaining balance, and this leaves people owing tens of t...
See Full GuideWhen you went to your car you found the city has installed a boot on the front wheel. What is going on? And, what can you do? Here's some background and some advice. WHEN DOES THE CITY BOOT A CAR The...
See Full GuideMany 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?” As explained below, the answer is usually NO. RE...
See Full GuideFolks 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. SOME PRELIMINARY RULES This art...
See Full GuideThe IRS requires creditors to issue a 1099-C form to individuals who have had their debts forgiven or settled for less than the amount owed. It applies to debts in excess of $600. At some point in tim...
See Full GuideIf you are wondering how automobile loans are handled when you file a Chapter 13 bankruptcy, here are the main points to consider including what to do if the car has been repossessed. HOW TO PAY FOR A...
See Full GuideOverview Both types of bankruptcy are geared toward individuals rather than companies. Chapter 7 is more streamlined where the court merely evaluates whether you have assets that can be sold to pay yo...
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