Blog Posts in February, 2012
Posted on Feb 29, 2012 By Marc Wagman
As a Chicago bankruptcy attorney , I get potential clients who call and really don't have any idea how much debt they owe. The easiest way to find most debt is for the potential client to pull a ...
Continue reading "I don't know how much debt I have how can I find out?" »
Posted on Feb 27, 2012 By Marc Wagman
An adversary proceeding is a seperate lawsuit within a bankruptcy challenging the discharge of a debt in bankruptcy or all the debts in bankruptcy. As a Chicago bankruptcy lawyer , I can tell you that ...
Continue reading "Chicago bankruptcy attorney explains and adversary proceeding!" »
Posted on Feb 24, 2012 By Marc Wagman
As a Chicago bankruptcy attorney , I will sometimes get a call from a client who is represented by another attorney and who is seeking advice from me regarding their pending case. The rules of ...
Continue reading "Chicago bankruptcy attorney explains calling another attorney to get a second opinion." »
Posted on Feb 24, 2012 By Marc Wagman
A person who lives in the City of Chicago or the surrounding areas and drives a vehicle understands that parking tickets can become a problem. As a Chicago bankruptcy attorney , I have had numerous ...
Continue reading "Parking Tickets and bankruptcy." »
Posted on Feb 22, 2012 By Marc Wagman
A Chapter 7 or a Chapter 13 requires a debtor education course to get the discharge. The 2005 amendments to the bankruptcy code put in a requirement that the debtor completion a personal financial ...
Continue reading "Chicago Bankruptcy Attorney explains the Debtor Education Course." »
Posted on Feb 21, 2012 By Marc Wagman
As a Chicago bankruptcy lawyer I get the question what is a Chapter 13? A Chapter 13 is a reorganization of debt for a consumer with regular income. A Chapter 13 is a repayment plan for up to five ...
Continue reading "Chicago bankruptcy attorney explains Chapter 13!" »
Posted on Feb 20, 2012 By Marc Wagman
Debt collectors and credit agencies are getting a look over by the Consumer Protection Agency according to this article . As a Chicago bankruptcy attorney , I think this is good news for consumers. ...
Continue reading "Credit agencies and debt collectors are getting regulated by Consumer Protection Agency!" »
Posted on Feb 18, 2012 By Marc Wagman
As a Chicago bankruptcy attorney , I will get the question what income counts towards calculating the means test? Well all income from any source is included except SSI payments or disability payments ...
Continue reading "What income is included to calculate the means test?" »
Posted on Feb 13, 2012 By Marc Wagman
African Americans are twice as likely to file for a Chapter 13 bankruptcy according to a new study and a New York Times article . According to the studies authors, even when adjusted for income, ...
Continue reading "African Americans may face bias in bankruptcy filings study suggests?" »
Posted on Feb 11, 2012 By Marc Wagman
I will get this question as a Chicago bankruptcy attorney of whether or not a person has to list a zero balance credit card or debt on their petition? If a person has a zero balance on a credit card ...
Continue reading "Do I have to list a zero balance credit card on my petition?" »
Posted on Feb 11, 2012 By Marc Wagman
As a Chicago bankruptcy attorney , I will often get a client who asks when will I get credit again if I file for a bankruptcy? Generally, I person will get credit card offers before or after a Chapter ...
Continue reading "When will I get credit again if I file bankruptcy?" »
Posted on Feb 2, 2012 By Marc Wagman
As a Chicago bankruptcy attorney , I will have clients who forget to add a bill to their Chapter 7 or Chapter 13 bankruptcy filings. As long as the debt was incurred prior to the filing of their ...
Continue reading "What happens if I miss a bill on my original bankruptcy filing?" »