Medical debt is one of the top reasons that people file for bankruptcy. It's hard to plan for an illness or an accident, medical care is incredibly expensive and many people find themselves facing insurmountable debt. Part of the reason for that, though, could be...
Personally investing in each client’s legal
objectives and achieving those goals together.
Photo of Exterior of the Office Building of Steele Law Offices, LLC
Personally investing in each client’s legal
objectives and achieving those goals together.
Photo of Exterior of the Office Building of Steele Law Offices, LLC
Bankruptcy
Make a plan if you can’t make your credit card payments
There are many different things to think about when you have credit card bills coming in. One of the priorities that you have likely set for each month is making at least the minimum monthly payment. Failing to make the payments is something that can have dire...
Know how different bankruptcy chapters can impact your case
Coming to the realization that you can't handle your debt load is a frightening event. Once you have made this determination, you have to decide what you are going to do to take control. You have a few different options to think about. First, you can continue to...
Bankruptcy isn’t anything to be ashamed of
Filing for bankruptcy isn't anything that you should be ashamed of. Instead, this is a way that you can improve your finances and take control of them again. There are many reasons why people need to file for bankruptcy; however, most of these don't have anything to...
Know what requirements exist for a Chapter 7 bankruptcy
When you need to file for bankruptcy, one of the primary things that you have to determine is what type of bankruptcy you will file. Typically, individuals and married couples can file either Chapter 7 or Chapter 13 bankruptcy. There are some major difference between...
Is bankruptcy is an option for you?
Coming to the realization that you are in debt more than you can handle is tough. You have to figure out where to go after this realization. One of the options you have is filing for bankruptcy. Once you start thinking about filing for bankruptcy, you have to decide...
Does bankruptcy discharge all your debts?
According to the American Bankruptcy Institute, 2015 bankruptcies were down 10 percent from the previous year. This is good news for most consumers, unless you're facing mountains of debt yourself. If you're considering a bankruptcy to help you get a new financial...
Understanding bankruptcy and your credit score
Facing a mountain of bills is always a daunting experience. Many people in Illinois tap into retirement accounts hoping to manage overwhelming debt. Others continue to rely on credit to put food on the table or pay other obligations, only to fall further behind. The...
