You do not have to file bankruptcy jointly with your spouse. It is generally a good idea not to file jointly if only one of you is liable for the debts that led to the bankruptcy filing.  The Illinois State Bar Association explains that the court considers the liable...

Everyone knows about the dreaded phone call from a credit card company. The one where they call relentlessly asking for money. Creditors only care about one thing-getting their money. There is a way to stop these phone calls and letters. Declaring bankruptcy can help...

You know you want to walk down the aisle with your significant other, but you do not know when to file for bankruptcy. Should you file before saying, "I do," or wait until after? Experian may have the answers you need. Start your marriage on the right financial foot....

Many people who file for bankruptcy have a plethora of questions regarding how it will affect them in the future. A common one is how long bankruptcy will last on their credit report.  Credit bureaus only report bankruptcies for a certain amount of time. People who...

With the ongoing health crisis and the accompanying financial challenges people are facing through job loss, medical expenses and depleted savings, bankruptcy may be a way to navigate the situation and get on stronger financial ground. Illinois residents and people...

Most residents of Will County consider bankruptcy a means of shedding debts they cannot pay. Rarely to these debtors look at the benefits of reaffirming one or more debts. Reaffirmation of a debt in a bankruptcy proceeding can, however, result in the debtor keeping...