Chicago Bankruptcy Lawyer Suggests Chapter 7

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 [...]