Tag Archives: collection notices

Z is for Zero in the Bankruptcy Alphabet

Posted on September 16, 2012 by

We finally made it to the end of the bankruptcy alphabet, Z! Z stands for Zero. Zero is what you end up owing on certain of your debts in bankruptcy. If you qualify for Chapter 7 Bankruptcy, unsecured debts are … Continue reading →

→ Leave a comment

Having Problems Paying Student Loans– You’re Not Alone!

Posted on September 9, 2012 by

The fourth article in a recent series in the New York Times about soaring college costs and the debt that students and their families are trying to cope with. Now, collection agencies are getting in on the act. http://www.nytimes.com/2012/09/09/business/once-a-student-now-dogged-by-collection-agencies.html?_r=2&partner=socialflow&smid=tw-nytimesbusiness There … Continue reading →

→ Leave a comment

Y in the Bankruptcy Alphabet— Are You Too Young to File Bankruptcy?

Posted on September 8, 2012 by

I have discussed bankruptcy with many clients, young and old. It is hard enough for people to come to the decision that they will file for bankruptcy protection. Harder still is the decision to file for bankruptcy when you are … Continue reading →

→ Leave a comment

Learn about New Consumer protection laws in Illinois

Posted on July 26, 2012 by

Illinois Governor Pat Quinn signed 2 new laws to help prevent consumer abuse. The first restricts the amounts of costs and penalties and types of home loans, to avoid some of the high-cost, risky, often unfair home loans that borrowers … Continue reading →

→ Leave a comment

Bankruptcy Alphabet: J is for Jail—as in “ You Won’t go to Jail!”

Posted on March 12, 2012 by
J-Letter-J

This gallery contains 1 photos.

When people have a legal problem, the thing they fear the most (rightfully!) is going to Jail.  Over 100 years ago in England , there were “debtors’ prisons”, back in the time of Charles Dickens.  But, in modern American law, … Continue reading →

→ Leave a comment

Mortgage Foreclosure Settlement– What is in it for you?

Posted on February 10, 2012 by

Here is the latest summary of the “big” foreclosure settlement from the foreclosure abuses by the banks, robo-signing documents and creating fraudulent documents:  You may be entitled to some money (maybe $2,000.00) if your house was already foreclosed on.   If … Continue reading →

→ Leave a comment

Can a Bankruptcy help me get my Drivers’ License Back?

Posted on February 4, 2012 by

Can a Bankruptcy help me get my Drivers’ License Back?  Your drivers’ license was suspended.  Is all hope lost??  NO!  In certain situations, a bankruptcy filing will help a person get their drivers’ license back.  You can get your license … Continue reading →

→ Leave a comment

H is for Harrassment (as in Stopping Harrassment!)

Posted on January 23, 2012 by
Letter-H-icon

This gallery contains 1 photos.

H in the Bankruptcy Alphabet stands for Harrassment.  One of the big reasons people file bankruptcy is to stop harassing phone calls and letters from companies and people they owe.  Once people fall behind in their payments, naturally, the creditors … Continue reading →

→ 1 Comment

Bankruptcy Alphabet- G is for Garnishment

Posted on January 8, 2012 by
3d-silver-letter-g-g-alphabet-pixmac-icon-48184605

This gallery contains 2 photos.

Bankruptcy Alphabet—G is for Garnishment      Many of my colleagues throughout the country participating in the “Alphabet Game” have also thought that in the Bankruptcy Alphabet, G does stand for Garnishment.  I, too, think that the concept of Garnishment is important.  … Continue reading →

→ 10 Comments

Bankruptcy Alphabet: F is for Fresh Start

Posted on January 3, 2012 by
Bankruptcy Alphabet F

This gallery contains 1 photos.

      The purpose of the Bankruptcy Law (Bankruptcy Code in legal language) when it was first created was to give the “honest but unfortunate” debtor (that’s a person who owes another person or company money) a “fresh start”.  … Continue reading →

→ 11 Comments