312.758.1121

MAIN OFFICE:
55 West Wacker Drive, Suite 1400
Chicago, IL 60601

Call Us Now

Archive for: October 2018

Uncategorized October 10, 2018

Student Loan Companies try to take advantage of Chapter 13 Clients by cancelling income based repayment plans. We won’t let them.

Chapter 13 Bankruptcy clients who are in the income based repayment (“IBR”) program for their student loans are at risk of having those plans cancelled by the lenders during their Chapter 13 cases.   What this means is that upon filing the Chapter 13, the lender will place the loan into a forbearance status, continuing […]

Short Sales as an Alternative to Bankruptcy

We’re now in 2018, and many properties have regained market value since the financial crisis of 2008, which caused a short sale boom.   However, in  the Chicago area, many properties continue to be underwater, meaning that their market values are less than the balance owed to the mortgage lienholders.    So, while not a […]