Author Archives: Jessica Holguin
Florida Developer Indicted In Asbestos Case
The single known cause of malignant mesothelioma – a rare and incurable cancer – is asbestos exposure. It’s a cancer that develops in the mesothelium, the protective lining around internal organs including the lungs. Most mesothelioma patients held jobs where they inhaled asbestos fibers or asbestos dust. Despite a decline in asbestos use over… Read More »
What You Can Do To Avoid Bankruptcy
What you really want to do is to avoid making the kinds of financial decisions that can eventually put you in bankruptcy. There’s nothing wrong with filing for bankruptcy – for many people it’s the most responsible way to deal with their present circumstances. If you are struggling with debt in the Chicago area,… Read More »
A Look Back To May, 1988
In May of 1988 – 27 years ago – four adults and more than sixty teenagers from the Assembly of God in Radcliff, Kentucky, boarded their church bus – a refurbished school bus – and headed for the fun and recreation offered at Kings Island, a theme park north of Cincinnati and about 170… Read More »
For International Real Estate Buyers
Overseas buyers scooped up $92.2 billion in U.S. real estate in the twelve-month period that ended in March 2014, according to the National Association of Realtors. Chinese buyers were the largest national group of foreign buyers by dollar volume, with sales jumping 72 percent over the twelve-month period to $22 billion. Chinese buyers now… Read More »
When You Can’t Pay The IRS
An “offer in compromise” – an OIC – is an agreement between a taxpayer and the IRS that settles the taxpayer’s tax liabilities for less than the full amount owed. Not everyone who owes the IRS will qualify for an OIC, but if you owe the IRS a substantial amount, and if you need… Read More »
What Is Chapter 7? What Is Chapter 13?
If you are struggling with mounting and unpayable debts in the Chicago area, discuss your circumstances and your options with an experienced Chicago bankruptcy lawyer. If you conclude that bankruptcy is the best option in your situation, then you’ll need to determine whether a Chapter 7 bankruptcy or a Chapter 13 bankruptcy is best…. Read More »
The Debt Consolidation Alternative
If your debts are mounting and you don’t think you’ll ever be able to pay them, you’ll probably start thinking about filing for bankruptcy. Bankruptcy isn’t for everyone, and it may not be your only or best option. What’s best for you will depend on your current and expected income, the type and nature… Read More »
When Should You “Go Bankrupt”?
If you are $10,000 in debt, should you file for bankruptcy in Illinois? $20,000? You can file for bankruptcy in Illinois whether you are in debt a hundred dollars or a million. The bankruptcy law doesn’t require a minimum amount of debt. The real question is this: Should you file for bankruptcy just because… Read More »
Homebuyers – Don’t Make These Mistakes
If you are buying a home for the first time, you probably want the buying process to be simple. Why would you need a real estate lawyer? Because whenever you buy or sell a home or any other property in Illinois, an experienced Chicago real estate lawyer will help you negotiate the best possible… Read More »
Fewer Bankruptcies So Far In 2015
The economy is improving, fewer consumers in the United States are filing for bankruptcy, and the decline in bankruptcies is expected to continue through 2015. If you are struggling with mounting debts in the Chicago area, bankruptcy is potentially one of your options, and you should discuss those options at once with an experienced… Read More »