Author Archives: Jessica Holguin
Is Emergency Bankruptcy A Wise Move?
Under Illinois law, a debtor is allowed to file an “emergency” bankruptcy to block a foreclosure, a repossession, a wage garnishment, or a utility shut-off. An emergency bankruptcy is exactly that – a bandage to stop the bleeding – but for most debtors in Illinois, an emergency bankruptcy really is not the best option…. Read More »
Chapter 7 And Chapter 13 Distinctions
If you are one of the thousands who face overwhelming debts in the Chicago area, help is available. Bankruptcy isn’t the only solution – it’s not right for everyone – but you should start by discussing your circumstances with an experienced Chicago bankruptcy lawyer. The right bankruptcy lawyer can assess your situation and suggest… Read More »
Attention Mesothelioma Sufferers
When you are struggling with mesothelioma, finding a qualified personal injury lawyer to advocate on your behalf can be genuinely difficult. Every mesothelioma case is different, so it is vital for those seeking legal help to find an lawyer with experience – and success – representing mesothelioma patients. If you file a personal injury… Read More »
What Is A Deed In Lieu of Foreclosure?
A deed in lieu of foreclosure is a legal device whereby a borrower transfers all interest in a property to the lender to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both parties. The borrower is immediately released from most or… Read More »
Retired And Facing Foreclosure
Of all the financial threats that are facing retired workers – such as having enough savings and paying for healthcare – you can add foreclosure to the list. Millions of retirees are struggling to make mortgage payments. Over the past two decades, as many employers have eliminated conventional pensions, workers have been compelled to… Read More »
Bankruptcy, Employment, And Your Rights
If you are struggling with overwhelming debt in the Chicago area, and if you have no idea how you’re ever going to pay it all off, discuss your circumstances and options as quickly as possible with an experienced Chicago bankruptcy lawyer. Bankruptcy is not always the best solution for everyone who’s in debt –… Read More »
Don’t Be Afraid Of Bankruptcy
If your debts are spinning out of control, you may be considering the bankruptcy option. Don’t be afraid of the idea of bankruptcy. It can put you on the path to rebuilding your credit, and over time, you may again be able to buy a car or even a home. If you’re in or… Read More »
Protect Your Family From Foreclosure
In the state of Illinois, if you default on a couple of mortgage payments, the mortgage lender will probably take legal foreclosure action against you. Before that happens, you should arrange to speak with an experienced Chicago foreclosure lawyer about your mortgage situation. In Illinois, filing for bankruptcy can halt a foreclosure, but an… Read More »
More Takata Airbag Recalls
Takata, the Japanese airbag manufacturer, is recalling the airbags in 34 million vehicles in the United States. Some Takata airbags can explode violently, propelling metallic shards and fragments directly at drivers and passengers. In 2014, for example, Orlando-area police launched a homicide investigation when paramedics found a woman deceased in her 2001 Honda Accord… Read More »
Introduction To Bankruptcy In Illinois
If you’re considering bankruptcy in the Chicago area, it’s genuinely imperative to have the advice and assistance of an experienced Chicago bankruptcy lawyer. Most personal bankruptcies are Chapter 7 bankruptcies. In a Chapter 7 bankruptcy, the bankruptcy court liquidates most of your assets and uses the funds to pay off as much of your… Read More »