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Featured Articles
The New Bankruptcy Code for Desplaines The United States bankruptcy code was recently changed to make it more difficult for debtors in Niles Illinois and across the country to discharge their debts. The increasing number of cases where people...
Defaults of the Noteworthy
Burt Reynolds
1936-_ , Movie actor, filed for bankruptcy in 1996 in Florida after his much publicized divorce from Loni Anderson. He had more than $10 million in debt. His dinner theater was foreclosed on by the mortgage lender and his ranch was sold. Since his bankruptcy he has continued to act in movies and was awarded the Golden Globe for Best Supporting Actor in the film Boogie Nights.
Bankruptcy Chapter 7 - The Liquidation Chapter
A law that provides for the development of a plan that allows a debtor, who is unable to pay his creditors, to resolve his debts through the division of his assets among his creditors is called Bankruptcy.... After Bankruptcy: Skokie Illinois
Life after bankruptcy can have a great impact on your financial life. For some, bankruptcy, especially those who seek relief under Chapter 7 of the code, provides a fresh start and debtors receive numerous... Life After Bankruptcy
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As a Chicago resident requesting relief under Chapter 7 and/or 13 of the United States Code, the repercussions that affect your life after bankruptcy are twofold. On one hand,...
