Bankruptcy, Foreclosure & Loan Modification Posts in April, 2014

Utility Shutoff Protection in Bankruptcy

Many people who are struggling financially to pay their mortgage, vehicle payments, medical bills and/or credit card debt also end up getting very behind in their utility payments. Disconnect notices from the electric, water, gas and telephone companies fill the mailbox and even payment arrangements become impossible to keep....
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Avoiding Bankruptcy: Financial Tips for Generation Y

As a society we have become accustomed to labeling different generations with short and catchy nicknames. Currently we have Generation X for those born from 1965 through 1979; Generation Y for those born from 1980 through 2000; and lastly we have Generation Z for those born from 2001 through the present....
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Sinking Home Value + Inability to Pay = Strategic Default? The Pros and Cons for Illinois Homeowners

According to an article published by the Chicago Tribune, Illinois homeowners plotting to strategically walk away from their homes is not an alarming new trend. For years, homeowners who have been feeling the sting of the housing market whims have often turned to an experienced Strategic Defense attorney to discuss Strategic Default of their mortgage as a method to relieve persistent debt concerns....
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  • Newland & Newland LLP, Attorneys, Arlington Heights, IL
  • Lawyer.com