Chapter 7 Bankruptcy

Chicago Bankruptcy Attorney Suggests Chapter 13 For Debtor

07/30/11

Let’s review the case study for Mrs. Williams.  Miss Williams lives on Wells Street in Chicago.  She comes to us with no prior bankruptcy filings.  She’s interested in a Chapter 13 repayment plan.  Let’s see if that works for her.  She does not own any real estate, and she is currently living in a rental.  [...]

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Advice From Plainfield Bankruptcy Lawyer

07/29/11

This is the bankruptcy case study for Miss Wilson.  Miss Wilson lives on Steamboat Circle in Plainfield, Illinois.  That’s Will County, Illinois.  She comes to us with no prior bankruptcy.  She’s interested in Chapter 7.  She does not own any real estate, and she’s not renting, so she’s living with family or friends.  She has [...]

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Arlington Heights Bankruptcy Lawyer Would Recommend Chapter 7

07/29/11

This case study involves Miss Weiss.  Miss Weiss lives in Arlington Heights, Illinois.  She comes to us with a prior bankruptcy back in 2004, a Chapter 7 fresh start.  She owns no real estate.  She’s renting an apartment in Arlington Heights.  She’s got a 1998 Chevy Venture, which is paid in full.  It’s worth about [...]

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Chicago Bankruptcy Lawyer Suggests Chapter 7

07/29/11

Let’s talk about Mrs. Wiley.  She lives on Loomis Avenue in Chicago.  That’s Cook County, Illinois.  No prior bankruptcy.  There is a single-family home involved worth $126,000.00, and she owes about $140,000.00, so no equity in that single-family home.  She’s not renting from anybody.  Nobody’s renting from her.  She has a 2007 Lexus IS 250 [...]

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Chicago Bankruptcy Attorney Advises Mr. Winston

07/29/11

This is the bankruptcy case study for Mr. Winston.  Mr. Winston lives on Gladys Avenue in Chicago, Illinois, which is in Cook County, Illinois.  No prior bankruptcy.  He does own a single-family home worth approximately $150,000.00.  His balance on it is $52,000.00, so he has significant equity in his home, which means Chapter 7 is [...]

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Highland Park Bankruptcy Attorney Gives Advice

07/29/11

This is the case study for Miss David.  Miss David lives in Highland Park, Illinois, which is in Lake County, Illinois.  There’s a home involved worth about $600,000.00 and two mortgages on it, one for $480,000.00 and one for $200,000.00, so negative equity.  So, so far we’re good on a Chapter 7.  In terms of [...]

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Case Study From Waukegan Bankruptcy Lawyer

07/28/11

This is the case study of Miss Wheeler.  Miss Wheeler has never filed a bankruptcy before.  She lives in Waukegan, Illinois, which is Lake County, Illinois.  She’s not a homeowner.  She’s renting on Glen Flora, and that’s a monthly lease.  She has no vehicle, so she’s on public transportation.  She has a checking account with [...]

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Bankruptcy Attorney in Northbrook, Illinois Case Study

07/28/11

Here’s the case of Mr. Wade.  Mr. Wade lives in Northbrook, Illinois.  He has not filed a bankruptcy before.  He is a homeowner, a single-family home worth $1.2 million, and he has a loan against it of $1 million.  So technically, he’s got $200,000.00 worth of equity in the property if he were able to [...]

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Hunter Tylo, star of the Bold and the Beautiful, files suspicious bankruptcy schedules.

07/28/11

Although her home appears to be in Sherman Oaks, California, the petition states that she has at least had a residence in Nevada for 91 days or more.  Her bankruptcy attorney should get a gold medal for only charging a celebrity $2,500 for a Chapter 7 bankruptcy case. What is more intresting and down right [...]

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Must Disclose All Vehicles According To Aurora Bankruptcy Lawyer

07/28/11

We must account for vehicles within a bankruptcy case.  We need to know what it’s worth and what is owe.  There lies the equity. You’re going to have people who come in and they’ve got a paid off Harley-Davidson motorcycle worth $20,000 and they’ve got all this credit card debt and they want to get [...]

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