Getting Serious About Debt Relief In the New Year

New year, new you?  The start of a new year is an opportunity to reflect on where you’ve been, and where you’d like to go. With a whole twelve months stretching out ahead of you, it’s easy to feel optimistic about achieving your biggest goals. For millions of Americans, that means taking practical steps to get a hold on their finances, and start taking action to manage their debts.  //READ MORE

2019-11-22T12:47:00-06:00 December 5th, 2019|Community|

‘Is There a Minimum Amount of Debt Needed to Qualify for Bankruptcy?’

For individuals struggling with debt, bankruptcy can be a viable way to hit refresh — allowing you to discharge certain debts or restructure others, so that you can take a moment to breathe, and then move forward on more sound financial footing.  With that being said, it’s also important to understand that while bankruptcy can be a practical path for individuals, families, wage earners, and retirees, it’s also not a “one size fits all” solution.  In //READ MORE

2019-11-22T12:31:43-06:00 December 3rd, 2019|Community|

Seniors and Bankruptcy: A Growing Trend

Though the number of consumer bankruptcies has largely been declining overall throughout the last several years, there is one demographic for whom bankruptcy is actually becoming more and more common – and it’s a trend that is alarming many economic watchdogs and consumer protection experts.  A growing body of research has indicated that the number of older Americans filing for bankruptcy has skyrocketed in recent years. Much of this reporting comes from one prominent 2018 study, //READ MORE

2019-11-19T13:27:36-06:00 November 29th, 2019|Community|

What Are the Differences Between Short Sales and Foreclosure?

If you’re falling behind on mortgage payments and facing default, you’re probably searching high and low for solutions – and as a result, you’ve probably come across the terms “short sale” and “foreclosure.”  Here in our home base of Illinois and around the country, homeowners often find themselves trying to determine the difference between these two courses of action. Both are options for borrowers who have fallen behind on mortgage payments or have a mortgage that //READ MORE

2019-10-28T15:22:57-05:00 November 5th, 2019|Community|

Investment Property Vs. Second Home

Maybe you’ve always had dreams of owning multiple homes in different cities across the globe – you know, a beachfront property in Malibu, a gleaming penthouse in New York, a cozy cabin in Telluride.  Perhaps your goal has always been to retire as a “snowbird,” and spend the chilly half of the year in California, before coming back to Chicago for a sunny spring. Or, perhaps, you’re the sort of person who’s always aspired to own //READ MORE

2019-10-21T15:50:09-05:00 October 31st, 2019|Community|