Category Archives: Paycheck

Chicago Bankruptcy Can Help Homebuyers Considering Walking Away From a Mortgage

Strategic default – in which a homeowner simply walks away from a mortgage – is on the rise. In a Chicago area survey last year, 30 percent of homeowners who defaulted on their home loan were able to afford payments but chose to walk away. Usually borrowers choose to walk because they owe more on… Read More »

Being Underemployed, Coupled With Chicago Bankruptcy, May Make For a Brighter Future

A recent Fortune Magazine article looked at how underemployment has turned into an advantageous thing for many jobless Americans. While finding any work right now is a good thing, consumers who are jobless and struggling with debt may consider filing for bankruptcy in Chicago while taking on a part-time job. If you are struggling to… Read More »

ATM Fees Add to Chicago Consumers’ Debt Woes

As if it isn’t bad enough that most folks are paying upwards of 20% in credit card interest, now Chicago consumers are paying a premium to use cash, too. But it doesn’t have to be that way, say Chicago bankruptcy attorneys. It’s no news that withdrawing money from another bank’s ATM will result in a… Read More »

Big Bank Raises ATM Fees for Struggling Consumers in Some States

First food prices, then gas – now it looks like ATM fees are on the rise. But the good news is, you can choose not pay the higher price, say Atlanta bankruptcy attorneys. Currently, using another bank’s ATM means about a $2.50 charge from the competitor bank – and a fee of $1-$1.50 from your… Read More »

Payroll Tax Cut Canceled Out By Increasing Food and Fuel Costs

Remember the paycheck raise you got back in January? No? You’re not the only one. In 2011, Uncle Sam boosted most people’s paychecks by rolling back Social Security payroll taxes from 6.2 to 4.2 percent. Less money withheld meant fatter paychecks. But unfortunately, most of us haven’t even noticed, say Atlanta bankruptcy attorneys. That’s because… Read More »