Category Archives: Debt
Chicago Bankruptcy Lawyers Explain There’s No Such Thing as a Free Foreclosure
On Tuesday, the federal government made a deal with mortgage company execs to perform 500,000 loan modifications by Nov. 1 – a significant scale back from than the 3-4 million first expected to be helped by the Making Home Affordable program. While Uncle Sam struggles to revive its ailing loan modification incentive program, some homeowners… Read More »
Illinois Bankruptcy Lawyers Remind Homeowners to Get Help Before Mortgage Payments Get Too Expensive
Here’s a riddle for you – what do homeowners and a certain large African bird have in common? Answer: They’re both known to bury their head in the sand when scared. Unfortunately, instinctive behavior isn’t always logical – and the bulk of an in-denial homeowner’s problems, like the bulk of an ostrich’s body, will still… Read More »
Chicago Bankruptcy Attorneys Recommend Recycling for Extra Cash
You probably already know that if you save your aluminum cans and glass bottles you can earn something like 5 cents per container – but, unless you’ve taken to collecting cans from friends, neighbors and city streets (not necessarily a bad idea) it’s really more of a rebate than a way to make money. But… Read More »
Keep Your Credit Cards Out of Sight to Save Money, Suggest Chicago Bankruptcy Lawyers
Some people have coin collections. Others collect baseball cards. Some folks, like my boyfriend, collect guitars. I happen to have a credit card collection. Fortunately, I haven’t opened any new accounts lately – I know better. But once upon a time, I was clueless. If a store offered a 15 percent discount or members rewards… Read More »
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 »