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Estate Planning Requires Reliable Information

Planning what to do with the assets of an estate takes a great deal of legal knowledge and the proper kind of information to ensure that the will accurately reflects the wishes of its creator.
Never try to write a will without the assistance of an attorney. There are far too many legal loopholes that may [...]

[ More ] October 27th, 2009 | No Comments | Posted in Bankruptcy |

Dealing with Chapter 13 Bankruptcy

Bankruptcy is looming on the horizon and Chapter 13 is beginning to look really good, but no one wants to give up the house.
Using Chapter 13 will allow those facing bankruptcy to stop foreclosure and save their homes. In fact, Chapter 13 protects equity in the home, helps balance the mortgage default, and helps get [...]

[ More ] September 29th, 2009 | No Comments | Posted in Bankruptcy |

Business Bankruptcies Need Legal Counsel

Going bankrupt is not a lot of fun for anyone, personally or if you need to declare a business bankruptcy.
Before you get so far into the red with your business, you might want to think ahead and have some contingency plans in place if you face tough times down the road. The economy today is [...]

[ More ] September 28th, 2009 | No Comments | Posted in Bankruptcy |

Bankruptcy Means Being Insolvent

Not a lot of people actually understand what happens to a company when it declares bankruptcy. It isn’t always the end of the world.
Not a day goes by that we don’t read about another company going under and declaring bankruptcy. The statistics are dismal and the numbers keep getting higher as 2009 progresses. Who really [...]

[ More ] July 24th, 2009 | No Comments | Posted in Bankruptcy |

The Family Law Expert Does Soup to Nuts

Many attorneys are seeing more divorce clients than ever before, whether the divorce is filed in the face of a tough economy is another question. Meet the all-purpose family law expert.
The face of family law in America has begun to change from the “expected” divorce, custody and other family issues most people associate with a [...]

[ More ] July 24th, 2009 | No Comments | Posted in Bankruptcy |

The Tip of the Iceberg – Medical Bankruptcy

More and more people these days in our great nation are going bankrupt due to medical bills. Chicago bankruptcy is at an all time high.
You might well have a job and even have medical insurance, but found yourself in a situation where you have a severe injury or illness and the bills just got right [...]

[ More ] July 24th, 2009 | No Comments | Posted in Bankruptcy |

When the Creditors Quit Calling

There are pros and cons to declaring personal bankruptcy, so think things through carefully before you make your decision.
There are some plus points you need to know about making the tough decision to declare personal bankruptcy and contact a Chicago bankruptcy lawyer. For instance, it certainly deals with the stress caused by creditors that harass [...]

[ More ] July 24th, 2009 | No Comments | Posted in Bankruptcy |

Lawyers Collecting Debt

There aren’t a lot of people who know that some law firms make it point of collecting outstanding debts for various clients. In instances like this, the creditors need help with collections and send their business to a law firm.
The whole debt collection usually kicks into gear when someone (the borrower) defaults on payment owed [...]

[ More ] July 1st, 2009 | No Comments | Posted in Bankruptcy |

Personal Bankruptcy Is a Tough Call

Making the decision to declare personal bankruptcy is a tough one and one people do not take lightly.
Most likely, if you are seriously thinking about declaring personal bankruptcy, it took a lot to get you to that point. You have concerns about that appearing on your credit history and making a mess of your credit. [...]

[ More ] July 1st, 2009 | No Comments | Posted in Bankruptcy |

Avoiding Business Bankruptcy

If you’re a small business, it’s easy to understand why you would want to try and avoid declaring bankruptcy. Your whole life is pretty much tied up in your business.
While running a small business may be a joy, and the very thing you have always wanted to do with your life, sometimes economic reality hits [...]

[ More ] July 1st, 2009 | No Comments | Posted in Bankruptcy |