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Bankruptcy and Student Loans in Illinois: What to Know
Student loans can be discharged in bankruptcy in Illinois, but only if you prove "undue hardship." That's a harder standard than for most debts, but...
How Bankruptcy Affects Your Spouse in Illinois
If you're wondering how bankruptcy affects your spouse when you file alone in Illinois, the short answer is that Illinois law generally protects...
Does Bankruptcy Clear Judgment Liens in Illinois?
Yes, bankruptcy can clear judgment liens in Illinois, but not automatically and not in every situation. Bankruptcy exemptions Illinois residents are...
What to Do When a Debt Collector Threatens to Sue You
If a debt collector just threatened to sue you, take a breath. Don't ignore it, but don't panic either. The next few steps matter, and most people...
Debt Settlement vs Bankruptcy in Illinois: The Truth
The honest debt settlement vs bankruptcy comparison in Illinois comes down to this: Debt settlement is a private negotiation where you pay a company...
How Long Does Chapter 7 Bankruptcy Take in Illinois?
Most Illinois Chapter 7 cases take about four to six months from filing to discharge. The bulk of that time is spent waiting: first for the 341...
Can Bankruptcy Stop Foreclosure? How the Automatic Stay Protects Your Home
If you have fallen behind on your mortgage and a foreclosure notice is sitting on your kitchen table, you are probably wondering if there is...
Why Tax Season May Be the Best Time to File for Bankruptcy in Illinois
Tax season is stressful for many people. But if you are already overwhelmed by debt, it can feel like one more weight pressing down on everything...
What to Expect at Your 341 Meeting of Creditors
After you file for bankruptcy in Chicago, one of the first things on your calendar will be the 341 meeting of creditors. If you've never been...








