Many people understand the importance of making a will. It’s a caring way to ease the burden of responsibility put on your loved ones after you pass on. However, few people take into consideration the chance that they may become incapacitated at some point in their life and be unable to care for themselves or […]
Filing Chapter 7 Bankruptcy in Illinois – Pros and Cons
Filing Bankruptcy – Chapter 7 in Illinois Chapter 7 bankruptcy is a method for eliminating your debts through liquidation. It’s a good option for people who have a low income and few assets. Chapter 7 Bankruptcy is a federal program, which means it functions the same in Illinois as it does in other states. Chapter […]
Moving Forward After the Foreclosure Moratorium 2021
The Federal Foreclosure Moratorium Ends The federal foreclosure moratorium expired on July 31, 2021, and it has not been extended. This means that individuals who have properties financed by USDA Single-Family Housing Direct and Guaranteed loans, and were previously facing foreclosure, may now lose housing protections. The good news is that the Federal Housing Administration […]
