3 Things to Consider About Investment Properties in Chicago

A recent edition of the Home Purchase Sentiment Index from Fannie Mae found that consumer confidence in housing is remarkably high, with more Americans agreeing that right now is a great time to buy or sell a home, compared to the same period last year. Studies like this one are not unique. Throughout the years, there has been plenty of research done on housing, and many of these reports have served to reinforce the long-held notion //READ MORE

2019-09-10T08:26:38-05:00 September 12th, 2019|Community|

When Can I Rent an Apartment After Bankruptcy?

For those struggling with debt, filing for bankruptcy is a way to hit refresh on your financial life. Bankruptcy can allow debtors to discharge certain debts and restructure others with their creditors, in order to make them less of a monthly burden. In many ways, bankruptcy is about helping to make things easier for debtors, allowing them to release or restructure their debt obligations and empowering them to move forward as an active participant in the //READ MORE

2019-09-10T08:17:28-05:00 September 10th, 2019|Community|

The Illinois Homestead Exemption: Breaking Down Five FAQs

In Illinois, homeowners can take advantage of a unique protection known as the homestead exemption when they pursue bankruptcy or seek protection from creditors.  Designed to help protect homeowners from losing their residence as a result of changing economic circumstances, the homestead exemption allows owners to safeguard their equity in a residential property, up to a certain amount. It’s one of the most commonly used exemptions during bankruptcy, and it’s an important concept for homeowners to //READ MORE

2019-09-09T15:36:39-05:00 September 5th, 2019|Community|

Exploring Common Types of Property Liens

Do you know the word “lien” is derived from an old French word for “band” or “tie,” and can actually trace its roots all the way back to ligare, a Latin phrase for “to bind?”  While understanding this etymology isn’t essential to understanding how liens work, it’s still helpful to take this broad, historical view — because, at the end of the day, the primary purpose of a lien is still to bind a debtor to //READ MORE

2019-08-23T15:46:24-05:00 September 3rd, 2019|Community|

Why Work With an Attorney During Foreclosure?

For homeowners falling behind on their loan payments, foreclosure can an intimidating prospect – and a frustrating and scary process to go through, particularly if you’re attempting to handle matters all alone.  For borrowers, foreclosure can be a deeply trying, time-consuming, and expensive experience. It can be remarkably complex, and intensely emotional. In many cases, bringing on an experienced and knowledgeable attorney is one of the most effective steps a borrower can take to simplify and //READ MORE

2019-08-16T16:07:52-05:00 August 29th, 2019|Community|