personal bankruptcy

You may experience many different types of financial losses after an accident, such as medical expenses and lost wages. You also have the right to compensation for non-financial losses, such as pain and suffering. The impact of a car accident often lasts for quite a...

You may be struggling with debt due to an unexpected event, such as an illness or job loss. Perhaps you have been considering bankruptcy if the debt has become overwhelming but are hesitant because of the perceived stigma that comes with filing for bankruptcy. It is...

A lot of people are hesitant to seek bankruptcy protection. The reason is clear: there are a lot of misconceptions about the bankruptcy process and what it means for your future. As we’ve discussed previously on the blog, though, these misconceptions can be easily put...

To put it mildly, struggling with crushing debt can be stressful. If you’re in that situation now, then you’re probably riddled with anxiety, and you might experience bouts of depression as you try to get a handle on the uncertainty of your future. Even when you’re...

Personal bankruptcy is a real way to secure debt relief. If you successfully file a Chapter 7 or Chapter 13 bankruptcy petition, then you can secure more manageable debt payments and even rid yourself of overwhelming debt. That probably sounds good to you, but if...

Many people fear that they will be left with nothing after they file for bankruptcy protection under Chapter 7 of the U.S. Bankruptcy Code. Fortunately, this is not the case. Illinois provides several important exemptions to bankruptcy that can let you keep your most...

Dealing with overly aggressive debt collectors can be very stressful. If you feel they are crossing the line and harassing you, you might be able to seek legal action to protect yourself. What is harassment by debt collectors? The law compels debt collectors to follow...

Debt collectors calling consumers over the phone is mostly an accepted practice. Harassing borrowers, however, is not. The law provides guidelines on how debt collectors can do their job. If they do the following, they are likely committing harassment. Calling at...

The cost of housing, groceries and essentials is rising every day and sometimes, despite their best efforts, people are unable to make ends meet. They may turn to credit cards or loans to bridge the gap. Although it is no fault of their own, if they are unable to make...