Bankruptcy, Foreclosure & Loan Modification Posts in December, 2016

Know the Events that Can Affect Your Credit Score

Your credit score is the three-digit number between 300 and 850 that provides a quick guide to your likelihood of repaying money that you borrow. There are three credit reporting agencies in the United States, which record your borrowing and payment actions to each calculate a score for you. These agencies are Experian, Equifax, and TransUnion. You are entitled to a free credit report from each of these agencies once every 12 months....
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Can I Cut Down on My Divorce Obligations Through Bankruptcy?

You may be able to cut down your divorce obligations through bankruptcy, depending on the type of obligation you are looking to discharge. In some cases, you can use bankruptcy to cut down on the debts you find yourself facing after your divorce is finalized. In other cases, you cannot legally discharge the debt you are facing. Speak with an experienced bankruptcy lawyer to determine your options for reducing your financial burden....
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Scout Media Files for Chapter 11 Bankruptcy

Digital sports network Scout Media Inc. has filed for Chapter 11 bankruptcy, the process through which a business can restructure it operation to cut down on expenses and ultimately become profitable again after reaching an overwhelming level of debt....
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Surviving the Holiday Season Amid a Pending Bankruptcy Case

The holiday season is here. It can be financially stressful on anybody, but if you are working through the bankruptcy process or considering filing for bankruptcy in the new year, the holidays can be especially stressful. One of the driving forces of this stress is the pressure to provide for your friends and loved ones this season through gifts, parties, and time spent enjoying seasonal events....
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Be Honest With Your Bankruptcy Lawyer

If you are facing an insurmountable level of personal debt, filing for Chapter 7 or Chapter 13 bankruptcy might be the most effective way for you to eliminate that debt and get yourself on a path toward financial freedom. It is in your best interest to work with a bankruptcy lawyer to complete the process because a lawyer can advise you about the choices you face and advocate for you during interactions with the court and your creditors....
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  • Newland & Newland LLP, Attorneys, Arlington Heights, IL
  • Lawyer.com