Chicago Bankruptcy Law

Bankruptcy Alphabet—I is for Intentions

Daniel J. Winter, Esq. — Sat, 25 Feb 2012 15:42:22 +0000

You may ask, what do intentions have to do with Bankruptcy? In every Chapter 7 bankruptcy case, you need to file a “Statement of Intentions” with the court. This statement is to tell the court, and your creditors what … Continue reading →

Mortgage Foreclosure Settlement– What is in it for you?

Daniel J. Winter, Esq. — Fri, 10 Feb 2012 00:41:37 +0000

Here is the latest summary of the “big” foreclosure settlement from the foreclosure abuses by the banks, robo-signing documents and creating fraudulent documents: You may be entitled to some money (maybe $2,000.00) if your house was already foreclosed on. If … Continue reading →

Can a Bankruptcy help me get my Drivers’ License Back?

Daniel J. Winter, Esq. — Sat, 04 Feb 2012 23:31:04 +0000

Can a Bankruptcy help me get my Drivers’ License Back? Your drivers’ license was suspended. Is all hope lost?? NO! In certain situations, a bankruptcy filing will help a person get their drivers’ license back. You can get your license … Continue reading →

H is for Harrassment (as in Stopping Harrassment!)

Daniel J. Winter, Esq. — Mon, 23 Jan 2012 04:43:10 +0000

H in the Bankruptcy Alphabet stands for Harrassment. One of the big reasons people file bankruptcy is to stop harassing phone calls and letters from companies and people they owe. Once people fall behind in their payments, naturally, the creditors … Continue reading →

No Loan Modification for You! Failure of a program.

Daniel J. Winter, Esq. — Tue, 17 Jan 2012 16:15:51 +0000

A great explanation of why the HAMP Program is a failure, and why so few loan modifications are given. The servicers have more incentives to foreclose becausethey get more fees. Call our office to discuss your loan modification. See the … Continue reading →

Bankruptcy Alphabet- G is for Garnishment

Daniel J. Winter, Esq. — Sun, 08 Jan 2012 21:38:25 +0000

Bankruptcy Alphabet—G is for Garnishment Many of my colleagues throughout the country participating in the “Alphabet Game” have also thought that in the Bankruptcy Alphabet, G does stand for Garnishment. I, too, think that the concept of Garnishment is important. … Continue reading →

Bankruptcy Alphabet: F is for Fresh Start

Daniel J. Winter, Esq. — Tue, 03 Jan 2012 04:35:50 +0000

The purpose of the Bankruptcy Law (Bankruptcy Code in legal language) when it was first created was to give the “honest but unfortunate” debtor (that’s a person who owes another person or company money) a “fresh start”. … Continue reading →

Bankruptcy Alphabet—E is for Everything!

Daniel J. Winter, Esq. — Sun, 18 Dec 2011 22:16:47 +0000

Next in the Bankruptcy alphabet, E, stands for Everything. Why everything? Because a Bankruptcy is used to deal with everything you own, and everyone or every company you owe. I can’t emphasize this too much. This seems obvious, right? Bankruptcy … Continue reading →

Bankruptcy Alphabet—D is for Discharge Order

Daniel J. Winter, Esq. — Tue, 13 Dec 2011 03:45:41 +0000

Bankruptcy Alphabet—D is for Discharge Order In the world of Bankruptcy, the Discharge Order is the “Holy Grail”. This is what everyone who files a bankruptcy wants to get. You should know what a Discharge Order is, and who … Continue reading →

Bankruptcy Alphabet—C is for Credit Counseling

Daniel J. Winter, Esq. — Sun, 11 Dec 2011 20:56:37 +0000

In the bankruptcy alphabet, the C stands for Credit Counseling. When the US Congress passed the Bankruptcy Reform Act of 2005, a major part of the new law was the requirement that Debtors (people who file bankruptcy) complete 2 credit … Continue reading →