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A Warm Thanks to Our Clients and Colleagues For the Holidays

Posted by Ryan Blay on December 21st, 2011 in Uncategorized

Dear Friends: Lakelaw wishes to extend our sincerest thanks this Holiday season to the colleagues, clients, staff, and administrators who make our jobs so rewarding. So often we hear complaints – about sloppy attorneys, rude judges, untrustworthy clients – and …

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Saving Your Home Through Bankruptcy

Posted by Ryan Blay on December 19th, 2011 in Bankruptcy Information, Chapter 13, Foreclosure - Saving Your Home, Illinois, Mortgage Foreclosure Defense, Mortgage Modifications, Uncategorized, Wisconsin

While each bankruptcy case is different we attorneys at Lakelaw see a common theme among many bankruptcy filers: the threat of losing a home in foreclosure. This post tries to explain some of the options debtors have when facing foreclosure. …

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What to Look For When Hiring a Bankruptcy Attorney

Posted by Ryan Blay on December 2nd, 2011 in Bankruptcy, Bankruptcy Information, Chapter 13, Chapter 7, Illinois, Wisconsin

Hiring a lawyer for any reason can be stressful. There are so many factors to consider – including the one nobody wants to talk about – cost. For people seeking bankruptcy protection, cost is an even bigger concern. Filing bankruptcy …

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Can My Creditors Take My Social Security Disability Payments?

Posted by Ryan Blay on November 21st, 2011 in Alternatives to Bankruptcy, Illinois, Wisconsin

No. Social Security, like most government assistance, is completely off-limits to creditors. This means that creditors cannot take Social Security payments. As a society, we have decided that those who are unable to work should not harassed by creditor garnishment. …

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Who Can Prepare a Bankruptcy Petition in Wisconsin?

Posted by Ryan Blay on October 25th, 2011 in Bankruptcy, Bankruptcy Crimes, Bankruptcy Information, Bankruptcy procedures, Illinois, Wisconsin

     There are several different ways to prepare a bankruptcy petition in a bankruptcy court. The first is the most common – hire an attorney. Your attorney will be required to electronically file your bankruptcy schedules, plan (if you have …

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WE Energies No Longer Stops Disconnection Because of Chapter 128.21 Filings in Wisconsin

Posted by Ryan Blay on September 22nd, 2011 in Alternatives to Bankruptcy, Chapter 7, Wisconsin

     Until recently, a homeowner or renter who fell behind with Wisconsin Electric/WE Energies in Wisconsin for gas and electric service could file an action under Section 128.21 of the Wisconsin Statutes to prevent a disconnection.      The Chapter 128 …

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Price to File Bankruptcy to Increase in November

Posted by Ryan Blay on September 20th, 2011 in Bankruptcy, Bankruptcy Legislation, Bankruptcy procedures, Business Bankruptcy, Chapter 11, Chapter 13, Chapter 7, Illinois, Wisconsin

     Who is the Judicial Conference of the United States? It is a group of judges and other policy members who help shape how the courts run in our country. You may not have been aware of the Conference until …

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Improve Your Credit In Four Easy Steps

Posted by Ryan Blay on September 6th, 2011 in Life After Bankruptcy, Uncategorized

We’ve consulted with thousands of people who often ask us a version of the same question: “How do I improve my credit?” Whether you are coming out of bankruptcy, in foreclosure, or just a typical consumer, there are several easy …

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Lakelaw Continues to Lead the Way in Foreclosure Mediation

Posted by Ryan Blay on June 28th, 2011 in Foreclosure - Saving Your Home, Mortgage Foreclosure Defense, Mortgage Modifications, Wisconsin, , , , , ,

     Lakelaw has mediation experience. In 2009, Lakelaw became the only private law firm in Wisconsin to receive funding from the Wisconsin Housing and Economic Development Authority (WHEDA) to fight foreclosures. We’ve done so by advising clients across the state …

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Los Angeles Dodgers File for Chapter 11 Bankruptcy – Lessons for Small Business

Posted by David Leibowitz on June 27th, 2011 in Bankruptcy, Chapter 11, Uncategorized

The Los Angeles Dodgers’ chapter 11 bankruptcy has lessons for all businesses.

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Why Lakelaw has opened in Milwaukee

Posted by David Leibowitz on April 8th, 2011 in Wisconsin

Our readers may wonder why our bankruptcy and foreclosure practice has opened an office in Milwaukee.  We have you to thank for this. Lakelaw opened in one a one room office in Waukegan, Illinois in 1999. We opened in Lake …

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Arnold Kaplan is no longer of counsel with Lakelaw

Posted by David Leibowitz on April 7th, 2011 in Uncategorized

I have noticed that people visit our website owing to Mr. Kaplan’s former connection with our firm.  For about one year, Mr. Kaplan served of counsel to Lakelaw and helped us represent some of our clients.  Mr. Kaplan and Lakelaw …

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I got a 1099 after my short sale – do I owe taxes?

Posted by David Leibowitz on April 6th, 2011 in Bankruptcy and Taxation, Bankruptcy and Taxes

As April 15 approaches, people’s thoughts turn to income tax.  And when they get a form 1099 from their lender after a short sale, they start to worry.  In many cases, the answer is “no worries”. The problem is that …

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What Happens if My Expenses or Income Change During My Chapter 13 Bankruptcy?

Posted by Ryan Blay on March 25th, 2011 in Bankruptcy, Bankruptcy Information, Chapter 13

             Lakelaw is familiar with Chapter 13 Bankruptcy plans.  During the three to five year plan, your finances can change, for the better - and for the worse.  If anything big happens – a job loss, a big raise, the birth of a new child, …

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When It’s Time to Let the House Go – Three Good Reasons to Walk Away

Posted by Ryan Blay on March 24th, 2011 in Foreclosure - Saving Your Home, Real Estate

1.     Lakelaw believes homeowners should be treated with kindness, courtesy and respect – and that core belief does not end when it’s time to get on the phone with your mortgage company.  The rudeness and lousy customer service that mortgage …

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I Just Spent A Large Tax Refund – Can I Still File for Bankruptcy?

Posted by Ryan Blay on March 21st, 2011 in Bankruptcy, Bankruptcy and Taxes

  This year’s April 18th deadline for filing taxes is almost here, and that means many of us have already filed our state and federal taxes and – hopefully – received a refund.  Sometimes we will meet someone who had the …

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Legal Helpers Debt Settlement Sued by Lisa Madigan

Posted by David Leibowitz on March 3rd, 2011 in Uncategorized

Legal Helpers is a law firm.  It helps people file bankruptcy. Legal Helpers Debt Settlement LLC is a law firm.  It says it helps people settle debts.  Is it the same as Legal Helpers, the firm that helps people file …

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Thomas Alva Edison and Bankruptcy

Posted by David Leibowitz on February 11th, 2011 in Bankruptcy, Chapter 11, Uncategorized

Thomas Edison was one of America’s greatest inventors ever. His work with the electric light bulb was so legendary that a bulb illuminating is universally recognized as the symbol of a great new idea.  He invented the kinetescope – the …

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