When a creditor obtains a money judgment against you they have various collection techniques. If they find out that you have a bank account or a credit union account they can proceed with a court order to seize the money. WHAT HAPPENS WHEN I GET A BANK GARNISHMENT AND WHAT CAN I DO? The creditor […]
Bank Garnishments – Illinois – How Does It Work; What To Do Read Post »
Bank Garnishments VideoIf you have ever taken out a Payday loan, you probably know they are extremely hard to get rid of. Payday loans have become a huge industry able to charge unbelievable interest rates. Going on the internet I see interest from 243% to 782%!! WHAT THE TRAPS, WHAT ARE THE GOOD OPTIONS, AND, BUSTING THE
Payday Loans – A Short Term Loan That Becomes A Long Term Problem Read Post »
Payday Payday loan VideoA Title Loan is a form of short-term lending where you pledge your car as security. The interest rates are astronomical just like a payday loan. We often see rates of 125% or even as high as 200-300%. The following is an explanation of what a Title Loan is, the costs, and good options for
Title Loans – Save My Car Read Post »
Automobile Car Title Loans VideoFiling for bankruptcy is a personal decision. The following is a quick guide for you. If you can relate to two or more of these problems, you owe it to yourself to find a solution. Robert J Adams & Associates will make taking the step toward bankruptcy (Chapter 7 or Chapter 13) a little easier. You can
Should I File Bankruptcy? Read Post »
Bankruptcy VideoMany Homeowners file a Chapter 7 Bankruptcy who are current on their mortgage and want to keep their home. The question is “Do I reaffirm my mortgage?” The answer, almost always, is a big fat NO. REAFFIRMATION GENERALLY In a Chapter 7 secured debts (like a car note* or mortgage) are generally treated one of
Should I Reaffirm My Mortgage In A Chapter 7? Read Post »
Chapter 7 Mortgage VideoI get a lot of questions about Marriage and Bankruptcy. One question is “I have a lot of debt: should I file Bankruptcy now or wait until we get married?” The second question often asked is whether a married couple should file a joint bankruptcy or whether only one party should file. These are excellent
Marriage, Pre-Marriage Planning And Bankruptcy Read Post »
Bankruptcy Marriage VideoAbout half of all marriages end in Divorce. The question is whether the couple should file a joint bankruptcy before or during the Divorce proceeding. There is no doubt that emotions run high and parties frequently have animosity towards each other. But if the couple can put aside their differences, bankruptcy can make things less
Divorce and Bankruptcy Read Post »
Bankruptcy Divorce VideoIt seems like every week, I get a telephone call that generally goes like this: “The sheriff’s sale was last week. Can you help me save my home?” I reply, “Why did you wait?” The typical answer is: “I was working with the mortgage company on a loan modification. They said it looked good, so
Loan Modification And Foreclosure In Illinois Read Post »
Foreclosure Loans VideoIn the last five years, property values have fallen leaving many people owing more money than their property is worth. If you own a building with rental apartments, you may be able to reduce what you pay to only what the building is worth by filing a Chapter 13 bankruptcy and using a cram down
What Can I Do When My Building Is Worth Less Than I Owe? Read Post »
Real Estate VideoCondominium associations are much like landlords. They can evict you if you are behind on payments and also sue you to recover unpaid assessments. Bankruptcy can help you stay in the condo by repaying the dues or get rid of the debt if you decide to leave. DUES Condominiums (Condos) include multi-unit apartments and townhouses
Past Due Condo Payments – How Bankruptcy Can Help Read Post »
Condominium Video