Many people in Illinois hesitate to file for any type of bankruptcy. This keeps them from getting the fresh start that they need when they are struggling with debt. Consumers need to take a step back and analyze exactly how it can improve their situation in the long...
Month: September 2021
Intersection accident leaves bystander dead
An accident at a Chicago-area intersection left a bystander dead at the scene. Authorities who investigated the accident said that the woman who died was struck by a as she was trying to cross the street. At the time she was crossing the street, a passenger car...
Common bankruptcy myths debunked
If a consumer in Frankfort, Illinois, believes they have no way out of debt, they might consider bankruptcy. Chapter 7 removes debt by requiring the selling of some assets while Chapter 13 is a structured repayment plan, and both can help get debts discharged....
Know how to estate plan in a blended family
Living in a blended family can be enormously rewarding, but it can also have its challenges. Amongst those challenges are those pertaining to estate planning. While a lot of people choose to forego estate planning because they think that they don’t enough assets to...
How does the Fair Credit Reporting Act protect consumers?
Most people would rather keep their credit and related financial information private. Fortunately, the Fair Credit Reporting Act protects citizens of Illinois and the rest of the United States. Here's a closer look at what the Fair Credit Reporting Act is and how it...
Where does Illinois ranks in divorce difficulty?
Regardless of whether one is married or not, we have all heard the old adage that over half of all marriages end in divorce. However, at least in the U.S., that number is likely closer to 39 percent. And, according to a statistical analysis done by Best Life, one’s...