Chicago Bankruptcy Lawyer Blog
"Covers bankruptcy law news, reports and opinions in Illinois."
Author: DebtStoppers USA is based in Chicago.
Blawg Related Categories: Bankruptcy Law • States • Illinois • Law Firm
Recent Posts from Chicago Bankruptcy Lawyer Blog
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Uncle Sam Extends Homebuyer Credit, Unemployment Checks
Sometimes finding help is as easy as asking for it. Uncle Sam heard our cries for help loud and clear - in one particular case, at least. With the housing and job markets lagging behind…
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Despite Advertisements, Credit Reports Aren't Always Free
What do you think of when you hear ads for FreeCreditReport.com? Call me crazy, but I always assumed they were publicizing a way to, you know, get a free credit report. I guess I'm more…
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Higher Minimum Payments Can Save Money, According to Chicago Bankruptcy Lawyers
Higher interest, a lower credit limit and a larger minimum payment - the new changes credit card companies are throwing our way aren't exactly in the holiday spirit. But at least one of these changes…
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Credit Card "Deals" That Can Cost You Money
Sometimes paying more actually means paying less. Confused? Let's say you're out doing some holiday shopping when the sales clerk tells you that you could save 15% just by opening a credit card account with…
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New Home Sales Fall While Congress Debates Extending Tax Credit
The economy is picking up momentum, but it's not necessarily going to be a smooth ride. Case in point: sales of new homes recently dropped for the first time in six months. Until now, home…
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Bankruptcy Can Reduce Pain of Rising Prices
The sweltering days of summer have been replaced by the crisp days of autumn. Unfortunately, the gas prices of summer seem to be here to stay. Prices at the pump have jumped more than 20…
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Create Your Own Economic Recovery When You Eliminate Debt
Economists have spent weeks pointing to signs that the recession is over, but many Americans are having a hard time believing it. Despite a pickup in retail, real estate and the stock market, foreclosures are…
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Fear of the Unknown Can Get In the Way of Financial Freedom
Every Halloween, I'm amazed at how some folks can smile through the most suspenseful of horror flicks, laugh through our city's infamous haunted house tour and even stroll through the cemetery at midnight on Oct.…
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Annual Fees Are Back As Credit Card Companies Face Reform
Imagine paying for the privilege of spending your money. Sounds a little ridiculous, doesn't it? But it could become reality for millions of credit card holders once the last part of credit reform legislation goes…
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Chicago Bankruptcy Lawyers See the Benefit in Lower Credit Card Limits
It's kind of ironic. It was too much credit that got us into this financial mess - now too little credit might be making it difficult to get out. A FICO study found that 33…