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With a FHA HAMP modification already in progress, can I declare Chapter 13 bankruptcy and still keep my home?
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Answered on July 14, 2015
While I'd like to have more information from you in order to answer the question with more certainty, your best bet might be a Chapter 7 case,...
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I had a judgement put against me by my condo association in 2013 in Cook county, it has been satisfied (in March 2014) but no
Peter's answer
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Answered on July 10, 2015
It depends on whether a memorandum of judgment was filed with the Cook County Recorder. If not, you will be fine for your sale provided you have a...
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I would like to know if I should file chapter 7 bankruptcy?
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Answered on July 09, 2015
At a minimum, I would suggest that you consult with a bankruptcy attorney. It sounds like you have some items on your credit report that will...
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Both my wife and I have names on our house title . How do I remove mine so that it bears her name alone on it?
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Answered on June 03, 2015
You would prepare a quitclaim deed from yourself to your wife, and record it at the Will County Recorder's Office. You should be able to find a...
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I would like to file bankruptcy either ch7 or ch12?
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Answered on April 06, 2015
I agree with the others that the auto insurance claim can be eliminated with Chapter 7. Chapter 7 turns out to be the best option for most filers....
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Do I need to pay back the money that I received for IT services rendered prior to bankruptcy?
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Answered on March 28, 2015
You are being asked to repay an alleged preferential transfer. The generally idea of a preferential transfer is that the bankrupt company is not...
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In Illinois, is it possible to keep your online savings acct when filing ch. 7?
Peter's answer
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Answered on March 25, 2015
You have a personal property wildcard exemption of $4,000, which can be used to protect the savings account. Unless you have other valuable...
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Can I quit claim a deed even though the taxes are delinquent on a property ?
Peter's answer
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Answered on March 24, 2015
You can transfer the title to the property by quitclaim deed without having the taxes paid current. However, the person(s) to whom you are...
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Special assessment and REO
Peter's answer
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Answered on March 21, 2015
There is no specific Illinois statute that governs this. The standard multiboard real estate contract requires the seller to pay off the special...
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Where to find a reputable Investor to sell my home
Peter's answer
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Answered on March 15, 2015
I don't know of a particular website, but if you can get the property listed on the MLS the investors will come to you. There are certain...
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