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5 June 2017

Chapter 13 Bankruptcy Benefits

While Chapter 7 attracts the majority of personal debtors looking for bankruptcy protection, Chapter 13 offers the opportunity to put together a payment plan, usually for five years, that allows you to pay at least some money to your creditors. Statistics from 2016 show that about 37% of individual debtors chose Chapter 13 over Chapter […]

1 June 2017

Top 5 Famous Bankruptcies

No one is safe from the need for bankruptcy protection. It’s always possible to get bad business advice, fall ill or to simply spend more than you earn. In fact, some of the best known people in history have had to visit a bankruptcy attorney at least once during their careers. The list includes: 1) […]

Is Bankruptcy a Good Idea?

Deciding whether to file for bankruptcy can be a difficult decision. Most people prefer to pay their debts and maintain a good credit rating. But sometimes, even with the best budgeting, finances can get quickly and unexpectedly out of hand. For Illinois or Missouri residents considering bankruptcy, a free evaluation by a knowledgeable bankruptcy attorney […]

What to Do After Filing for Bankruptcy

Now that you’ve filed bankruptcy, it can be a scary time for many people. After all, statistics show that a majority of people who file for bankruptcy do so only once in their lives. That means you are now in uncharted territory. This is a good time to sit down with your bankruptcy attorney and […]

29 October 2012

Beware of Low-Cost Bankruptcy Attorney Fees

Many individuals who could benefit from bankruptcy have been hesitant to file because they do not believe that they can afford to pay the fees charged by bankruptcy attorneys. Some bankruptcy attorneys have taken advantage of this fact by offering low-cost service that is difficult to refuse by those experiencing severe problems with debt. However, […]

Is Bankruptcy the Right Choice?

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