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Many people are hesitant to file for bankruptcy because they think that the negatives outweigh the positives. However, this typically isn’t actually the case. Filing can provide significant financial relief that far exceeds any adverse consequences... Read More »

When parents in Illinois find themselves struggling to make ends meet, they may consider filing for bankruptcy. Unfortunately, some debts—such as child support payments—are not dischargeable through the process. Still, filing can help you get back on... Read More »

Many people who consider filing for bankruptcy are concerned that they will lose their vehicle, home, or other personal items. Fortunately, the state of Illinois offers legal protection for most (if not all) of your assets. This protection is... Read More »

Many people are hesitant to take advantage of the relief offered by Illinois bankruptcy laws because they’re concerned about the hit their credit score will take. However, the truth is that ultimately, it will recover. In fact, it can be better than... Read More »

Many people know that bankruptcy would be their best option for their family, but are worried about filing because they don’t want others to know that they’re struggling financially. If you are considering filing for bankruptcy, you may wonder... Read More »

Filing for bankruptcy isn’t something that anyone ever expects to have to do. But when hard times arise, it may be the best option for you and your family. If your financial obligations are piling up, and it feels like there’s no way out... Read More »

In Illinois, and all over the country, the student loan crisis is a serious issue, crushing many individuals with debts that they’re currently unable to pay back. Then there are the people who have paid back more than what they originally... Read More »

Bankruptcy case numbers (sometimes referred to as docket numbers) identify each particular filing submitted to the courts. It’s assigned when the debtor files the initial paperwork and will be used throughout the Read More »

Knowing what not to do when filing for bankruptcy is just as important as learning what you need to do. Making mistakes in the bankruptcy process can cost you time, money, and even your car or home. An experienced DebtStoppers bankruptcy attorney can help you avoid these common mistakes people make when filing for bankruptcy… Read More »

Repossession is the process through which the lender, bank, or other creditor reclaims possession of an automobile from a borrower who has defaulted on their loan. Repossession is legal because the contracts for most auto loans provide that the vehicle being purchased will serve as collateral to ensure the buyer fulfills their end of the agreement. This means that under Illinois law, a lender can take back your… Read More »