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Blog Posts in December, 2012

What to Do When Credit Collectors Violate the Fair Debt Collection Practices Act?

Are creditors calling you at all hours of the day and night? This video explains the Fair Debt Collection Practices Act, and how debtors can fight back against inappropriate collection methods. The ...
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How the Automatic Stay Goes to Work for You As Soon as You Declare Bankruptcy

Are you swimming in a sea of unpaid bills and repossession notices? If so, the automatic stay that comes along with filing for bankruptcy can give you the breathing room you need to sort out your ...
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A Look Back at Some of the Biggest Bankruptcies in History

If you are struggling to pay off high-interest credit card debt and see no end in sight, filing for bankruptcy can help you discharge these loans and enjoy a debt-free life again. The stigma once ...
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3 Different Debts that Can and Cannot Be Liquidated Under Chapter 7 Bankruptcy

Households that carry a heavy burden of credit card debt can benefit from filing Chapter 7 bankruptcy and wiping away these loans. If you earn less than the average income in your state, it is likely ...
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Understanding Credit Reports

This video discusses the extremely important subject of credit reports. These records contain the information that drives your credit score and directly affects your ability to take out a loan and ...
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Can I Declare Bankruptcy for Tax Debt?

In certain situations, filing for bankruptcy can solve both your consumer and tax debt in one fell swoop. The process can dissipate many—if not most—of your tax problems along with any ...
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Educate Yourself about Bankruptcy and Your Options for Filing

When you are in danger of losing your home or vehicle, bankruptcy may be the solution. Visit these links from around the Web for more information on filing for bankruptcy, common bankruptcy terms, ...
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What Are the Steps to Filing Bankruptcy?

If you’re considering filing for bankruptcy in Chicago, you’re probably scared, concerned, and nervous about your financial future. Understanding what to expect from the process may make ...
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