Filing for bankruptcy can have a negative impact on your credit score and overall creditworthiness. However, it won't necessarily preclude you from refinancing an existing home, car or other type of loan. Take a look at what you should know about reorganizing your...
Month: February 2022
Are third parties protected in bankruptcy cases?
For many years, in bankruptcy cases across the United States, if a business was subject to litigation, third-party investors (or others who were involved with that business in some way) were protected from litigation. However, that situation may be changing. At the...
Should I file for Chapter 7 or Chapter 13 bankruptcy?
Filing for bankruptcy in Illinois is a big step. In all likelihood, you came to this decision as a last resort after struggling to get control over your finances for years. Before you file, you might have to make another decision about whether to choose Chapter 7 or...
Proving negligence in a personal injury claim
If you have been involved in a car accident, slip-and-fall, or other type of accident that resulted in physical, emotional, and financial injury, you may be able to file a personal injury claim against the parties responsible for your accident. Many personal injury...