Category Archives: Debt
Illinois Bankruptcy Lawyers Warn About Foreclosure Rescue Scams
I don’t need to tell you that getting a foreclosure notice in the mail is a stressful event. But for some folks, it’s such a shock that it blinds them to common sense. In their state of desperation, they can fall victim to foreclosure rescue scams. As foreclosure rates skyrocket (check out the latest numbers),… Read More »
Chicago Bankruptcy Attorneys Count on Chapter 13 to Halt Foreclosure and Save Your House
Call it a ripple effect – even though the occasional news report suggests the economy could be recovering, foreclosures are up almost 50 percent over last year. This May, 261,255 homes received at least one foreclosure-related filing. That’s up 176,137 during the same month a year ago – and 7 percent more than in April,… Read More »
Chicago Bankruptcy Lawyers See Rise in Phony Check Scams
Sometimes the smartest thing you can do is to trust your gut. But unfortunately, that can be hard to do when faced with the prospect of free money. That’s why more than one million people in the U.S. have fallen for a growing phony check scam. So far, it’s estimated that one-third of all Americans… Read More »
Chicago Bankruptcy Attorneys Caution Against Consolidation Loan Scams
When my credit debt was at its highest, I encountered a very interesting phenomenon. It seemed as if I was getting more credit and loan offers – and some at better rates – than ever before. It just didn’t make sense – why would anyone rather lend money to a person with a history of… Read More »
Illinois Bankruptcy Attorney Explains Cardholder’s Bill of Rights
As Americans, we’re known for seeking the easy way out, be it a magic diet pill that lets us lose weight without diet or exercise or a little plastic card that (seemingly) allows us to buy whatever we want, regardless of whether we can afford it. So it shouldn’t come as a surprise that people… Read More »