Will Bankruptcy Affect My Job or Future Employment?
Navigating the intricate world of bankruptcy and understanding its impact on employment is crucial for anyone considering this financial step. For a variety of reasons people ask, “Will bankruptcy affect my job?” It is against the law to discriminate against employees or potential employees solely because they have filed for bankruptcy. This protection is outlined […]
How Many Times Can You File Bankruptcy in Illinois?
Filing for bankruptcy is a significant financial decision that can provide relief from overwhelming debt. But how often can you file bankruptcy in Illinois? You can file for bankruptcy multiple times, but there are specific wait times and conditions to meet. For example, if you previously filed for Chapter 7 bankruptcy, you must wait eight […]
Are Bankruptcy Records Public in Illinois?
Bankruptcy can be a challenging financial decision, and one of the key concerns people have is whether their bankruptcy records are public. Is bankruptcy public record? In Illinois, bankruptcy records are indeed public information, accessible to anyone interested. This is mandated by the Illinois Freedom of Information Act, which ensures that all records maintained by […]
How Much Do You Have to Be in Debt to File Chapter 7?
For anyone considering Chapter 7 bankruptcy, understanding the debt requirements is crucial. How much do you have to be in debt to file chapter 7? There is no specific minimum amount of debt required to file for Chapter 7 bankruptcy, but the nature of your debt and your financial situation play significant roles in determining […]
Buying a House While in Chapter 13 Bankruptcy
Navigating the path to homeownership can be challenging, especially when dealing with financial hurdles like Chapter 13 bankruptcy. Chapter 13 bankruptcy doesn’t shut the door on your dream of owning a home. Can you buy a house while in chapter 13? In fact, it is possible to buy a house while in Chapter 13 bankruptcy […]