Monthly Archives: January 2009

Personal Injury Claims must be disclosed in bankruptcy filings

Posted on Jan 29, 2009 in Bankruptcy, Chapter 7, Exemptions

If you file a bankruptcy case, you must list all of your assets. This includes lawsuits for personal injury claims. It also includes personal injury claims even if you have not yet filed a lawsuit.

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Should I use my IRA to pay off debts?

Posted on Jan 28, 2009 in Bankruptcy

If you are in financial trouble, keep your IRA or 401k safe. Don’t use it to pay debts. Save it for retirement. You’ll need it then

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Don’t ignore a Wisconsin Mortgage Foreclosure Complaint

Posted on Jan 11, 2009 in Chapter 13, Foreclosure - Saving Your Home, Wisconsin

Wisconsin homeowners must respond immediately when they get a foreclosure complaint.

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Citibank supports Senate Bill 61 to allow Loan Modifications to Home Mortgages

Posted on Jan 9, 2009 in Chapter 13, Foreclosure - Saving Your Home, Uncategorized

Legislation to allow Bankruptcy Judges to modify mortgage loans got a big boost when Citibank announced that, with some changes, it would support using Chapter 13 to modify home mortgages.

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Congress responding to foreclosure – Loan Modifications in Chapter 13

Posted on Jan 6, 2009 in Bankruptcy, Chapter 13, Foreclosure - Saving Your Home

Congress has proposed important changes to Chapter 13 which, if enacted, will help thousands of Americans keep their homes. Write your Congressman and Senators – TODAY – to support this very important legislation! Tell them you want them to support S. 61 and HR 200.

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New Notices to Homeowners in Illinois Foreclosure Cases

Posted on Jan 4, 2009 in Consumer Law, Foreclosure - Saving Your Home, Legal, Real Estate

A new Illinois statute, effective January 1, 2009, requires that lenders give homeowners special notices in forclosure cases, both in English and Spanish.

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