This is the case of Duane Comersky who comes to me for a bankruptcy consultation.  Duane is currently residing on Laura Lai Street in Zion, Illinois, Lake County Illinois.  Duane has never filed for bankruptcy before; this is his first consultation with an attorney.  He does not own any real estate.  He is currently living+ Read MoreThe post

Last week, a former client called and tried to refer me a new

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for November 12, 2013 Judge in NY rejects DMX’s bankruptcy filing 3,000 jobs to go as UK retailers file for bankruptcy Global Aviation Enters Bankruptcy  

If you filed bankruptcy in the past you may have questions about whether to file again.  Understanding when you can file again is important to help save time and money.

Most debtors who file bankruptcy want to complete the process as soon as possible to get the relief they need.  Yet, doing certain actions beforehand can hinder the end result of your case.  Consumers are encouraged to learn about the filing process, but you should also keep in mind of actions to avoid if you [...]

Often when I meet with clients who are dealing with Creditors Bureau USA I can see the worry and exhaustion in their eyes.  Many creditors have earned a bad named for unethical practices. 

Some debtors wonder if you have to have a specific amount of debt in order to file for bankruptcy protection.  In most cases you do not need a set amount of debt to file, but it depends on which chapter you are seeking protection with and other details relating to meeting qualifications. For instance, most [...]

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for November 07, 2013 Pro Athletes Score in Bankruptcy Court Atlantic Club Announces Bankruptcy Filing The Bankruptcy Exemption  

Financial experts actually have good things to say about bankruptcy.  While filings increased greatly during the recession in 2008, the sudden surge of filers during this time was scrutinized by some experts as an unacceptable way for people to get rid of outstanding debt.  But, if you are truly in a situation in which you [...]

Chapter 7 bankruptcy is designed for people who, no matter how hard they work, will find it nearly impossible to ever pay off all their debts and be able to afford daily necessities at the same time.