Considering Bankruptcy
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...
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...
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...
Can I Really Get Rid of That Debt?
Debtors filing for bankruptcy are amazed at just how much debt they can eliminate. Whether you’re filing Chapter 7 or Chapter 13 bankruptcy, the amount of debt you can discharge (i.e. cancel) can...
Unsure if bankruptcy is the right choice?
When dealing with the stress of financial hardship it’s easy to put off discussing the possibility of bankruptcy. However the process is designed to provide protection to you as a debtor: it keeps...
Exemptions, assets, liens…oh my.
Unfamiliar with the all the legal and bankruptcy jargon you keep hearing and seeing? Understanding common bankruptcy terminology will help you navigate the bankruptcy process. Here are 10 common...
Which Chapter Is Right For You
If you’re faced with mounting debts, pesky bill collectors, and not enough money to handle it all, you may be considering bankruptcy. But which bankruptcy chapter is right for you? Let’s take a...