Can a licensed clinical psychologist in Illinois practice or start up a practice with multiple providers with an LLC?

You ask about the most appropriate business vehicle for a professional practice (psychology). The short answer is that, in addition to legal...

Will the foreclosure process occurring post Ch 7 bankruptcy to get lien out my name affect my credit score??

You ask if a foreclosure judgment rendered after your Chapter 7 Discharge will affect your credit score (FICO). The short answer is that such an...

You ask if Wells Fargo will take a deed in lieu of foreclosure despite your having discharged a mortgage in Chapter 7. The short answer is that...

You ask if the Bank's foreclosure will appear on your credit report despite your bankruptcy discharge. The short answer is that it could affect...

Mortgage was discharged in Chapter 7 Bankruptcy, if we walk away from the home, are we personally liable for the property taxes?

You ask whether you will be personally liable for real estate taxes on the property you surrendered in your Chapter 7 Bankruptcy. Short answer,...

Cant get in touch with my lawyer. We filed a lawsuit and its been over a year and I dont know whats going on. What do I do?

What you write about is a serious matter. Among the primary responsibilities of Attorneys is to keep their Clients informed. If you really...

Starting business in a different state

You ask if you will have to set up a Missouri business entity in order to "franchise" your Illinois-based home health agency. The short answer is...

Will bankruptcy help? We are underwater and not backed by Fannie Mae or Freddie Mac

What you've described is a classic Chapter 13 situation. Chapter 13 Reorganization would address any mortgage arrears you may have or develop in...

If I plan to formalize a freelance writing business in Illinois, am I best off forming an LLC or S-Corp?

You ask if you should file a corporation or limited liability company in connection with your writing business. The short answer is that unless...

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What are the steps for filing bankruptcy will I need credit help before I file.

You ask about the steps in connection with a bankruptcy filing. While the answer depends on whether you plan to liquidate (Chapter 7) or reorganize...