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Helpful Articles and Resources About Debt Management and Bankruptcy
Exploring Alternatives to Bankruptcy
Exploring Alternatives to Bankruptcy Navigating financial distress requires careful consideration of all available options. Whilebankruptcy is a well-known legal pathway, debt settlement and loan modification serve asdistinct strategies that may offer different benefits depending on your specific financialcircumstances. Debt Settlement Debt settlement involves negotiating with creditors to pay a lump
During a Loan Modification Application, Can the Bank Continue With a Foreclosure Lawsuit?
New 10-Step Process Allows You to Eliminate Student Loans in Bankruptcy If you’re in foreclosure, getting a loan modification seems like a safe way to resolve your problems. After all, loan modifications can lower your payments, interest and perhaps even the principal loan balance. But, getting a loan modification is
New 10-Step Process Allows You to Eliminate Student Loans in Bankruptcy
New 10-Step Process Allows You to Eliminate Student Loans in Bankruptcy The Department of Justice (DOJ) and the Department of Education (DOE) have released new Guidance that should permit bankruptcy debtors to achieve more success in getting student loans discharged in bankruptcy. The new process requires bankruptcy debtors to
What is a Citation to Discover Assets? How Creditors Legally Find and Seize Your Money and Property: What You Should Do Next
What is a Citation to Discover Assets? How Creditors Legally Find and Seize Your Money and Property: What You Should Do Next The most painful part of going to court with a creditor is not the court experience itself. The most painful, embarrassing and even devastating part is having the

Citation to Discover Assets: Reveals the Location of Your Money and Property: What You Should Do Next
Citation to Discover Assets: Reveals the Location of Your Money and Property: What You Should Do Next by Richard Fonfrias, J.D. Chicago’s Financial Rescue & Bankruptcy Lawyer Fonfrias Law Group, LLC If a creditor gets a judgment against you, they will do their best to find any assets you

What is a Levy? How the IRS Can Seize Your Property to Pay Your Tax Debt
What is a Levy? How the IRS Can Seize Your Property to Pay Your Tax Debt by Richard Fonfrias, J.D. Chicago’s Financial Rescue & Bankruptcy Lawyer Fonfrias Law Group, LLC What is a Levy? If, for whatever reason, you fail to pay your federal taxes, there are several ways the