Category: Chapter 13
Payment Plan for Chapter 13
Posted on May 15, 2014 in Chapter 13
The first thing someone researching chapter 13 learns is that, fundamentally, it’s a payment plan. Someone seeking chapter […]Read More
Who Can File Chapter 13?
Typically, individuals who file bankruptcy have a choice between filing a chapter 7 “liquidation” and a chapter 13 […]Read More
If My Chapter 13 is Dismissed, Who Gets the Money?
Posted on Apr 17, 2014 in Chapter 13
Recently, the district court for the Northern District of Illinois ruled on one of the important unresolved issues in chapter […]Read More
Do I Need to File My Tax Returns Before Filing for Bankruptcy?
April 15th is the deadline to file 2013 tax returns with the IRS and your state taxing authority […]Read More
Say No to Debt Consolidation – Consider Chapter 13 Bankruptcy
Most people want to pay their debts. Many people think that filing bankruptcy is wrong. Some think that […]Read More
What Happens If My Bankruptcy is Dismissed and I Have to Re-File?
In baseball, a batter gets three strikes, then he’s out. It doesn’t quite work that way with bankruptcy. […]Read More
Credit Unions and Cross-Collateralization in Bankruptcy
Clients want to file a chapter 7 bankruptcy to clear up credit card debt and get a fresh […]Read More
Chapter 13 Bankruptcy can save your house from an Illinois Tax Deed or an Illinois Tax Sale
So many of our bankruptcy clients fear losing their house to mortgage foreclosure. We have done a good […]Read More
I’m filing bankruptcy – do I have to consider my spouse’s income? “It’s complicated.”
If you are filing for bankruptcy, either under chapter 7 or chapter 13, your income matters. Why? People […]Read More
Can Lakelaw file a joint bankruptcy petition for us if we are a same-sex couple?
At Lakelaw, we have filed a joint bankruptcy petition for a same-sex couple. We had a couple we’ll […]Read More