Although homeowners continue to struggle with their mortgage payments and try to avoid foreclosure, many banks see nothing wrong with […]

Often times, when individuals considering bankruptcy hear the phrase “repayment plan” in connection with a Chapter 13 bankruptcy, they become apprehensive.

The housing market faces problems that have reached epidemic proportions. Foreclosures continue to be widespread. Homeowners who can still afford

Unfortunately, the foreclosure crisis in Chicago is far from over. Homeowners continue to struggle to make payments as the economy

With the economy currently seeing little recovery, distressed home sales continue to rise in the Chicago area. Sales of distressed

In tough economic times, lenders are more cautious about loaning money to borrowers who may not be able to pay

Credit Card Debt Statute of Limitations According to Illinois law, the statute of limitations on unpaid credit card debt is

All mortgage foreclosures in Illinois are subject to a process known as judicial foreclosure. A judicial foreclosure is the process

The Chicago foreclosure crisis is far from over. In fact according to RealtyTrac, during the month of July, nearly 12,000

Although bankruptcy can offer financial protection, the social stigma attached to this option has made it unattractive to some people.