Can I File for Bankruptcy In Retirement?

Are you eligible to file for bankruptcy in retirement?  The short answer to that question is a resounding yes. Retirees can pursue Chapter 7 and Chapter 13 bankruptcy — and many certainly do. In fact, bankruptcy is on the rise among adults aged 65 and over, according to a number of sources. Now, with that said, there are still many questions personal to you that need to be asked.  Bankruptcy is a process with many moving //READ MORE

2020-02-06T14:59:59-06:00February 18th, 2020|Community|

Can a Creditor Collect a Debt During Bankruptcy?

For those facing the burden of severe debt, bankruptcy can be a way to hit refresh and gain a new start. In the long-term, bankruptcy can allow debtors to discharge certain debts and restructure others, to make them less of a month to month struggle. At the same time, bankruptcy also offers debtors short-term relief and protection.  This process is intended to give debtors some breathing room and space, particularly when it comes to their most //READ MORE

2020-02-13T17:49:00-06:00February 11th, 2020|Community|

Chapter 7 and Chapter 13 Bankruptcy for Small Business Owners

As a small business owner, you know the importance of always looking to the future. For business owners, entrepreneurs, and freelancers, everyday is a hustle. And when you’re starting to experience financial strain in your professional or personal life, you know that thinking ahead may include considering all of your options for meaningful financial relief — including exploring the types of bankruptcy that can benefit small business owners.  //READ MORE

2020-01-23T16:18:39-06:00February 4th, 2020|Community|

The Chicago Real Estate Market In 2020: 3 Factors to Watch

We’re writing this in January 2020, the start of a new year — and a new decade. So, what do the twelve months ahead hold for Chicago’s real estate market? If you’re looking to buy, sell, or develop real estate in the year to come, this is probably a question you’ve asked more than a few times.  Unfortunately, it’s not necessarily a question that is easy to answer as we look to the future. Chicago’s real //READ MORE

2020-01-20T16:00:36-06:00January 28th, 2020|Community|

Appraisal Vs. Home Inspection Vs. Survey

If you’re planning to buy or sell a home in the months ahead, then it’s important to have an understanding of the many moving parts that will go into a successful real estate transaction – including knowing the differences between the appraisal, the property inspection, and the survey.  All three of these processes help buyers, sellers, and lenders get a better understanding of the property being sold – but they are carried out by different parties, //READ MORE

2020-01-10T13:30:00-06:00January 21st, 2020|Community|