Bankruptcy, Foreclosure & Loan Modification Posts in March, 2015

Understanding Your Bankruptcy Options

Many people assume that debt is inherently bad. The truth, however, is that debt and credit can be tools that allow individuals to live more comfortable, fruitful lives. Loans help people buy homes and attend college, and credit can help those who find themselves in temporary financial hardship.  Unfortunately, poor financial management and unexpected circumstances can cause debt to spiral out of control. When this happens, bankruptcy might be a viable option....
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Filing Bankruptcy in Illinois

Debt is a familiar reality to many Americans. However, contrary to popular perception, debt is not inherently bad.  When people understand how to manage debt responsibly, they can improve their credit score and acquire loans. Responsible debtors have more opportunity when it comes to buying a home or starting a business.  Unfortunately, unexpected circumstances can put debtors in a position where they cannot make payments. An injury or a natural disaster, for example, can produce steep expenses, and in these cases, one viable option may be filing bankruptcy....
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  • Newland & Newland LLP, Attorneys, Arlington Heights, IL
  • Lawyer.com