When bills begin piling up, and debtors struggle to make ends meet, it can feel like there is no end to the debt in sight. Things only become more stressful when creditors begin harassing a debtor for payment. The harassment can feel like the worst part of financial...
personal bankruptcy
Can bankruptcy stop creditor harassment?
When bills begin piling up, and debtors struggle to make ends meet, it can feel like there is no end to the debt in sight. Things only become more stressful when creditors begin harassing a debtor for payment. The harassment can feel like the worst part of financial...
What legal actions can a creditor engage in?
Having to struggle to pay bills is difficult enough without having to worry about creditors harassing Chicago debtors in different ways. Unfortunately, creditors often make repetitive phone calls that can turn abusive, they threaten debtors with violence, use profane...
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...
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...
What are bankruptcy exemptions?
When a struggling consumer has made the decision to file for bankruptcy, they may worry about what will happen to their possessions and belongings. It helps to understand how Chapter 7 bankruptcy exemptions can protect some of their property and what personal...
Is this creditor harassment?
Illinois residents like you sometimes need financial aid. Sometimes you get into debt and sometimes you need help getting back out of it. There is no shame in this. Unfortunately, you may feel pressured to act quickly. As soon as you fall into debt, debt collectors...
How are Chapter 7 and Chapter 13 bankruptcies different?
You may have heard that filing for personal bankruptcy has the potential to give you the fresh start you need to get a better grip on your finances and create a brighter future. You may, too, have heard that there are several types of personal bankruptcies that exist,...
4 Things debt collectors can’t do
If you fall far enough behind on payments for credit cards, mortgages, medical bills or other debt, a collection agency may step in to recoup losses. The Fair Debt Collection Practices Act (FDCPA) limits the harassing tactics debt collectors can use when trying to...
4 Things debt collectors can’t do
If you fall far enough behind on payments for credit cards, mortgages, medical bills or other debt, a collection agency may step in to recoup losses. The Fair Debt Collection Practices Act (FDCPA) limits the harassing tactics debt collectors can use when trying to...