Understanding Secured Vs. Unsecured Debts

If you’re facing a rising tide of debt, and trying to determine the best strategy to help get yourself back on solid financial footing, one of the most important steps you can take is to determine what type of debts you have. In most cases, debts tend to fall into one of two categories: secured and unsecured. While it may sound simple, determining if your problem debts are secured or unsecured is truly a crucial step //READ MORE

2018-11-28T10:51:14+00:00 November 22nd, 2018|Community|

How Many Households Are Dealing With Debt?

Managing your finances is often much easier said than done. In fact, it may just be one of the most challenging and arduous undertakings in adult life, for any number of reasons. Dealing with student loan debt, for instance, has caused many millions of young adults to enter their professional lives already coping with a serious financial weight. Many more are stuck paying steadily-increasing rent costs, rather than attempting to build equity by purchasing a home. //READ MORE

2018-11-28T10:53:25+00:00 November 20th, 2018|Community|

‘Do I Need a Real Estate Attorney to Buy or Sell Property in Illinois?’

Here in Illinois, there are some “unwritten rules” that are nevertheless taken pretty seriously. For instance, it’s taken for granted that the perfect hot dog comes with mustard, white onions, relish, dill pickle, tomato slices, sport peppers, and celery salt. It’s widely accepted that, if you’re taking an escalator, you stand on the right side of the stairs and allow people to pass you by on the left side. And it’s pretty much standard that, if //READ MORE

2018-11-28T11:00:18+00:00 November 15th, 2018|Community|

‘I’m Being Sued Over Debt. What Are My Options?’

You open the mailbox and find a notice that’s anything but welcome: You’re being sued for a debt. This is not an uncommon scene, but it’s still a shocking and upsetting one – particularly if you’re the one receiving the notice that a lawsuit is pending. Whether you expected this action on the part of a creditor or not, it’s important to consider how you can respond in the event that you face a lawsuit over //READ MORE

2018-11-28T11:00:43+00:00 November 13th, 2018|Community|

How Do I Pay for a Bankruptcy Attorney?

If you’re struggling with significant debt and are looking for ways to repay your creditors, bankruptcy may be an option for you. Bankruptcy is a way for consumers to hit refresh on their financial lives, giving them a chance to discharge or restructure their debts, providing some breathing room and an opportunity to move forward on surer financial footing. But, for many consumers who are weighing bankruptcy as an option, other questions inevitably tend to come //READ MORE

2018-11-28T11:01:07+00:00 November 8th, 2018|Community|