Your Chicago Bankruptcy Lawyer The city of Chicago desperately needs revenue to balance its budget. One of the ways it does this is by aggressively issuing citations for parking, redlight, and other camera violations. In fact, the city of Chicago issues over 1 million parking tickets in the first half of 2022. Our bankruptcy lawyers have seen […]
The Internal Revenue Service (“IRS”) is the largest creditor in the country. When owed income tax debt, the IRS can be especially aggressive in its collection efforts and have a variety of ways of collecting. Although the IRS offers debt settlements and repayment plans, many of these options are economically unfeasible, forcing many to turn […]
If you are drowning in student loan debt or struggling to repay your loans, filing for bankruptcy may now be a viable option for you. Recently the Justice Department (“DOJ”) and Department of Education announced new guidelines making it easier for debtors to discharge student loans in bankruptcy. This is an exciting development for people with student […]
Due to the pandemic and rise in unemployment rates, especially in Illinois, many people are struggling to make ends meet. Unfortunately, very few creditors are willing to work with debtors to help repay the debt owed to them or offer reasonable, affordable payment plans. Consequently, many people turn to bankruptcy for financial relief. Chapter 7 and Chapter 13 bankruptcy […]
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