Category: Illinois | Asset Protection - page 3

Understanding these aspects of wage garnishment in Texas can help people facing wage garnishment navigate their rights and protections under the law. It's advisable to seek legal advice and understand the specifics of your situation when facing potential wage garnishment.............

Wage garnishment, also known as wage attachment, is a legal process wherein a portion of an employee's income is withheld by an employer for the payment of a debt. It's a tool used by creditors to secure payment from borrowers who have defaulted or failed to pay back their debts............

The state of American household credit, simply put, is not great. While some households have managed to hold on to the cash reserves they built up during the pandemic, a growing number are falling behind on credit cards and car payments. Texas, a prominent example, is slipping at a worrying............

A recent investigation by ProPublica titled "The Ugly Truth Behind “We Buy Ugly Houses”" has unearthed alarming facts about HomeVestors of America, the largest cash homebuyer in the United States. The article, written by Anjeanette Damon, Byard Duncan, and Mollie Simon, exposes a web of deceptive...........

When facing wage garnishment, it can feel like you are losing control of your financial stability. Wage garnishment is an order issued by a court directing your employer to withhold a portion of your earnings to pay back a debt. With each pay period, a portion of your hard-earned money is automatically redirected..........

In May of this year, the United States experienced a sharp increase in foreclosures, with 35,196 filings - a 7% increase from the previous month and a 14% year-over-year increase. This spike is primarily tied to the unclogging of distressed properties' pipeline as Covid-related moratoriums have been lifted..........

Choosing the right wage garnishment attorney is crucial, as this professional will guide you through the complexities of wage garnishments and bankruptcy law. Just as you wouldn't hire a real estate attorney to handle a divorce, the same applies when dealing with wage garnishments - you need a specialist. This specialist should be well-versed in local collections laws and bankruptcy law, and not just in theory. They should have practical experience in these areas........

When facing financial difficulties, homeowners may find themselves in a situation where they are unable to continue making their mortgage payments. In these cases, three potential options for dealing with the property are foreclosure, short sale, or bankruptcy to eliminate other debts and allow the homeowner to reinstate the mortgage over time. While all three options can have significant implications for the homeowner, there are crucial differences between foreclosure and short sale that are important to........

Buying a home is a significant investment that comes with a long-term financial commitment. But what happens when unexpected financial challenges make it difficult to keep up with your mortgage? That's where a modification can come into play.In this blog post, we'll explore the basics of loan modifications on.......

Are you at risk of losing your home? Facing foreclosure can be an emotionally and financially difficult situation that leaves many feeling stressed, confused, and helpless. However, understanding how long each step will take can help demystify the situation. In this blog post, we'll look......