Author Archives: Bethany Lape
Getting Student Loan Relief Now and In The Future
Student loans are a big burden on debtors, even for those filing bankruptcy. But there are some things you can do to get relief now and possibly in the future. Bankruptcy Discharge While it’s...
Can I Avoid Foreclosure By Filing Bankruptcy?
Both Chapter 7 and Chapter 13 bankruptcy offer relief from mortgage debt, but depending on your circumstances and the particulars of your case, it may also help you to avoid foreclosure and to remain...
Initial consultation: what to expect
In order to give a better understanding of what to expect during your initial consultation with an attorney we interviewed Chicago attorney, George Basharis. Q: What is the goal of an initial...
What is bankruptcy
Bankruptcy is a process which allows individuals and businesses to eliminate or repay some or all of their debts. The process is in place to give you, as a debtor, protection and a second chance...
What Is A Trustee?
If you’re filing Chapter 7 or Chapter 13 bankruptcy, a trustee will be appointed to oversee your case. This bankruptcy trustee is responsible for liquidating, or selling your non-exempt assets,...
Creditor Calls, Lawsuits, Wage Garnishments
Are you facing creditor calls, debt collection lawsuits, and wage garnishments? The good news is that with the help of bankruptcy you can put a stop to it all and protect your wages, assets, and...
Rebuilding your credit after bankruptcy
There is no overnight solution to rebuilding your credit after bankruptcy. It is a process that requires patience and confidence in your financial habits. You can rebuild your credit safely and avoid...
Questions for your attorney
Hiring the right attorney is critical to having a positive bankruptcy experience and to the overall success of your case. There are many factors to consider when selecting an attorney. Some...
What Exactly Is A “Means Test” ?
If you’re a debtor considering bankruptcy, you’ve probably heard of the “means test.” The “means test” is simply that—a way to determine if you have the “means” (ability) to pay...
How to Discuss Bankruptcy with Family and Friends
If you’re thinking of filing bankruptcy, you’re probably wondering how you can discuss your decision with loved ones and help them to understand your choice. Below are a few tips on how you can...