Entries by adminlaw

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Stop Creditor Harassment and Discharge Debt

Stop Creditor Harassment and Discharge Debt: Usually filing for bankruptcy puts an automatic stay on most collection activities. This allows our lawyers to prevent creditors from making harassing phone calls, work to get your repossessed property returned , and put a stop on wage garnishments. Depending on which chapter is filed, most types of debt […]

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HOW TO STOP CAR REPO IN CHICAGO?

Chicago Car Repossession Lawyers Defending You In Bankruptcy Stop A Car Repo Today • Chicago Debt Relief Attorneys Even if your vehicle has already been repossessed, you may still be able to get it back. Whether your vehicle has been repossessed or is in danger of repossession, act quickly to preserve your interests. You are […]

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Do I Have to Include My House and Car in Chapter 13 Bankruptcy?

Whether a debtor files Chapter 7 or Chapter 13 bankruptcy, all income, debts and assets must be declared. A debtor who does not list all debts, including home mortgage and car loan, will be in violation of fundamental requirements for filing bankruptcy. One of the first questions people have when they’re thinking about bankruptcy is whether they can keep their house and car. For most people, these are […]

What Happens With Co-Signed Debt in Chapter 13?

Many debtors hope to file Chapter 7 bankruptcy rather than Chapter 13 because most or all consumer debts can be discharged in just a few months with a Chapter 7. However, co-signers are not protected in a Chapter 7 bankruptcy discharge. A debt discharge applies only to the person or couple who files bankruptcy. It does not […]

Do We Have to File Chapter 13 Jointly?

Married couples are not required to file bankruptcy together. Individual circumstances will indicate whether it is in your best interest for you and your wife or husband to file bankruptcy jointly or whether just one of you should file. Sometimes It Is Best for Only One Spouse to File Bankruptcy There are often good reasons […]

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Do We Have to File Chapter 7 Jointly?

In many ways, a married couple constitutes one legal and financial unit, but there are also many ways in which a wife and husband can operate separately in their financial lives. Either spouse can apply for credit in his or her own name only. Either spouse can start a business in his or her name […]

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Do I Have to Include My House and Car in Chapter 7 Bankruptcy?

Some people postpone talking to an attorney about bankruptcy for months or even years after financial warning signs such as out-of-control credit card debt become impossible to ignore. Billbusters, Ledford, Wu & Borges, LLC offers people in the Chicago area a no-obligation bankruptcy suitability analysis. Contact us if you are wondering whether bankruptcy is the appropriate solution to your […]

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Debts That May Not Be Discharged in Chapter 7

If you are filing for Chapter 7 bankruptcy, you may have questions about which debts you can have discharged. At Billbusters, Borges and Wu, LLC.& Borges, LLC, our attorneys can help you understand which debts can be discharged and which you will still be responsible for. With more than 100 years’ combined experience in bankruptcy […]