Category Archives: Foreclosure Prevention
Chapter 13 Bankruptcy Can Prevent Illinois Foreclosures
With U.S. foreclosures up 32 percent in the last month, there’s good news and bad news for Illinois homeowners. First, the good – foreclosures here decreased 11 percent from March to April, making the state more stable than the rest of the country. Now the bad – that’s still 54 percent higher than a year… Read More »
Illinois and Georgia Bankruptcy Exemptions Part 2
In our last post, we debunked a common myth about bankruptcy: some folks misguidedly believe filing will cause them to lose their belongings, including their house. But bankruptcy can not only eliminate your debt, it can actually help you save your home, car and other possessions. Want to see for your own eyes? Take a… Read More »
Illinois Bankruptcy Exemptions Can Protect Your Assets
One of the biggest misconceptions people have about bankruptcy is that they’ll have to give up all of their stuff when they file. A woman in my neighborhood was so terrified that her house would be taken away if she went bankrupt that she (unfortunately) didn’t even consider filing as an option. She just let… Read More »
Chicago lawyers know the benefits of bankruptcy
Millions of Americans risk losing their homes to foreclosure because of some unfortunate myths that persist about bankruptcy. With foreclosures at an all-time high, it’s time to put those misconceptions out to pasture. At Debt Stoppers USA, our professional bankruptcy lawyers know the benefits of Chapter 13 bankruptcy. Here’s the truth behind the most common… Read More »