Category Archives: Credit Card Debt

Chicago Bankruptcy Attorneys Recommend Taking Action to Stop Debt

The recent economic news seems to be straight out of a movie – the good, the bad and the ugly. This morning, for instance, I read about soaring stocks, falling jobless claims and the Fed’s prediction that the economy could start to recover by the end of the year. Ah, things must be getting better,… Read More »

Chicago Bankruptcy Lawyers Warn of IRS Tax Audit Increase to Cover Debt

Uncle Sam is in a bind – and he might require your help. To aid the federal government in covering its $1 trillion dollar deficit, the IRS has ramped up its focus on individual workers, small business owners and the self-employed in the form of “soft letters” and tax audits. If you haven’t reported all… Read More »

Chicago Bankruptcy Lawyers Say Even Saving is Best in Moderation

It’s said that everything is best in moderation, even good things. That’s why I’m here to make the case for saving LESS. Don’t get me wrong, saving is still the underlying theme of most posts on this blog. Unless you’re about to get a massive raise at work – or, you know, have a money… Read More »

Illinois Bankruptcy Lawyers Offer Tips for Keeping Your Job in a Recession

An air of fear has permeated workplaces across the country in recent months as rumors of downsizing and layoffs put workers on edge. It’s hard not to question your job stability when you see the jobs of family, friends and maybe even co-workers falling like dominoes all around you. But if you’re worried about losing… Read More »

Celebrate Independence Day by Freeing Yourself from Debt, Suggest Illinois Bankruptcy Lawyers

Six years ago, I was in debt. Today, I’m not. And the difference means the world to me. That’s why, on Independence Day, I celebrate not just my country’s freedom but my own personal freedom. Of course, when I had the debt, it seemed normal. It was normal for me to use a credit card… Read More »