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For Homeowners Facing Foreclosure, Chapter 13 Bankruptcy May Still Be Best Solution

Foreclosures may not be making headlines like they once did, but losing a home is still a very real threat for many Americans – one that appears to be on the rise. According to RealtyTrac, nearly 52,000 U.S. homes were set for foreclosure auctions this August, up 1 percent from a year ago. Though the… Read More »

The Automatic Stay

One of the benefits of filing bankruptcy is protecting your property from creditors pursuing collection actions against you.  You can get automatic stay protection in Chicago as soon as you file your bankruptcy petition. An automatic stay begins to protect all the property you listed on your petition. How does the automatic stay work? The… Read More »