Motorists in Illinois and elsewhere are aware of the dangers of drunk driving and distracted driving. Nonetheless, these issues remain on roadways across the state and nation. In order to highlight the concern this negligent driving causes for the community at large,...
Month: September 2020
Fighting to keep your full 401(k) in your divorce
Your divorce in Illinois will no doubt have a dramatic impact on your retirement plans. You may believe the limitation of that impact will be on who you spend that period of your life with, yet as many of those we work with here at the Frankfort Law Group find...
The miracle of the automatic stay in bankruptcy
Bankruptcy is often hyped as an effective way to gain protection from outstanding debts and the businesses trying to collect them. Unfortunately, the exact method of the protection is not well known. In this post, we will provide a description of how this protection...
How does the bankruptcy “means test” work?
When people with overwhelming debt consider bankruptcy as a way to restore their financial stability, they must first take a means test, which determines whether they meet income requirements to qualify for Chapter 7 bankruptcy. The test was designed to lower the...
No estate plan means no control over the disposition of assets
An estate plan is a comprehensive set of legal documents that provide instruction and clarity on the planner’s wishes for their long-term care and estate distribution. It is often considered an important task for elderly Illinois residents to undertake, but in fact...
Do you automatically lose your home if you file for bankruptcy?
There are many myths and misconceptions out there when it comes to filing for bankruptcy. You may have heard from others that filing for personal bankruptcy means you have to give up your home during the process, but is this actually true? According to SFGATE, this is...