A Typical Debt Consolidation Strategy Mike owes MasterCharge $3,000 at 29% interest. He also owes Gracy’s Department Store $5,000 at […]

What are the Advantages of Chapter 13 Bankruptcy? Chapter 13 offers individuals a number of advantages when compared to liquidation

Dave Jones: A Typical Debt Settlement Strategy Dave has $45,000 in credit card debt spread across five cards ($9,000/card). His

Choosing the Right Chapter Whether you file a Chapter 7 or a Chapter 13 may depend on more than whether

The Sheriff’s Sale & the Motion to Confirm Sale After the right of redemption has expired, the lender is free

Bankruptcy Issues in Chapter 7 In a Chapter 7 bankruptcy, the Bankruptcy Trustee will try to locate and sell assets

Sarah Miller: Chapter 13 Lien Strip Sarah earns $12,000 a month and is a commodities trader at the Chicago Board

Garrett Riley: Exercising the Special Right to Redeem Garrett, a disc jockey at a local radio station, purchased his home

The Illinois Mortgage Foreclosure Law provides for a specific right of reinstatement. In order to reinstate your loan, you must

The Illinois Mortgage Foreclosure Law provides for a right of redemption. This means that after a judgment is entered against