Blog

During the COVID-19 pandemic and resulting lockdowns, many individuals are facing unemployment, or even loss of their business income — leading to stressful financial situations.

The Law Firm of Robert J. Adams & Associates remains open. Even with the COVID-19 pandemic we are helping people file Bankruptcy. Also the Bankruptcy Courts remain open.

In Illinois, property owners including homeowners pay Property taxes (Real Estate taxes) to the county.

When you buy a home financed with a mortgage you give the mortgagee two (2) things: A lien on the home; and A Promissory Note (I promise to pay the mortgage company a certain amount of money)

There are reasons why you filed Chapter 13 instead of Chapter 7. Generally, it was to save something like a car or your home when behind on the mortgage.

For individuals filing Chapter 7 or Chapter 13 they have to take a Means Test. What is it? You have to list all the gross income in the family and compare it to certain standards.

You decided that filing Chapter 7 is in your best interest. To effectively file your case various information and documents are needed. The following is a brief outline:

Private creditors (like credit card companies and medical bills) have a limited amount of time to collect debts. This article will itemize some of the most common types of debts.

The IRS frequently files tax liens on all property the taxpayer owns in the county where he/she/they reside. Tax liens have a life of 10 years. They can be renewed after 10 years but usually are not.

RED LIGHT AND CAMERA TICKETS Can Chicago Parking tickets be eliminated in Chapter 7? Yes, based on conditions.