Blog Posts in September, 2011
Posted on Sep 30, 2011 By Bizar & Doyle, LLC
Are you in serious credit card debt? If so, you are likely to be receiving daily phone calls from creditors and debt collection companies. Believe it or not, you do have rights as a debtor, rights ...
Continue reading "Stopping Creditor Abuse" »
Posted on Sep 29, 2011 By Bizar & Doyle, LLC
A Swedish car company has finally been approved for bankruptcy protection, a necessary move to save it from financial ruin. News sources say that a court approved the business bankruptcy this month, ...
Continue reading "Car Company Gets Bankruptcy Approval" »
Posted on Sep 28, 2011 By Bizar & Doyle, LLC
While foreclosure auctions in Chicago are declining, it is reported that foreclosures in the city are taking longer to process or complete. According to one company, the first six months of 2011 saw a ...
Continue reading "Chicago Foreclosures Take Average of 359 Days to Complete" »
Posted on Sep 27, 2011 By Bizar & Doyle, LLC
The CEO of a large investment management firm filed for bankruptcy this month after being approved for a lifetime ban from the securities industry. As with any Chapter 7 bankruptcy filing, the CEO ...
Continue reading "Former Investment Firm CEO Files for Chapter 7" »
Posted on Sep 26, 2011 By Bizar & Doyle, LLC
In order to avoid being liquidated, one major jewelry company was forced to file for Chapter 11 bankruptcy this month. The company's largest creditor, a bank, filed papers of intent in July ...
Continue reading "Jeweler Files for Chapter 11 to Avoid Liquidation" »
Posted on Sep 23, 2011 By Bizar & Doyle, LLC
The governor of Illinois was proud to announce a new program that is designed to help those families that have been hit the hardest by a tough economy avoid foreclosure . The program, entitled ...
Continue reading "New Foreclosure Program Announced in Illinois" »
Posted on Sep 22, 2011 By Bizar & Doyle, LLC
Are you considering filing for Chapter 7 bankruptcy ? If so, there are a few things you should consider before submitting your bankruptcy petition. Before you make any permanent moves, go ahead and ...
Continue reading "A Chapter 7 Bankruptcy Lawyer Can be a Great Resource" »
Posted on Sep 21, 2011 By Bizar & Doyle, LLC
After several financial institutions were charged with pushing hundreds of foreclosures through without the proper documentation, the rate of foreclosures dropped across the country. Now that these ...
Continue reading "Foreclosures Picking Up in Chicago Area" »
Posted on Sep 20, 2011 By Bizar & Doyle, LLC
Curious who is filing for bankruptcy these days? Well, if you guessed college graduates, you would be correct. In fact, individuals with bachelor's degrees are the fastest growing group of ...
Continue reading "More College Graduates Filing for Bankruptcy" »
Posted on Sep 19, 2011 By Bizar & Doyle, LLC
A Los Angeles baseball team has had a difficult year while its owner not only went through a messy divorce, but filed for business bankruptcy as well. The team was forced to file for bankruptcy back ...
Continue reading "Professional Baseball Team Still Dealing with Bankruptcy Battle" »
Posted on Sep 16, 2011 By Bizar & Doyle, LLC
One of the reasons people finally decide to file for bankruptcy is to avoid the constant phone calls and mailers from creditors. When you file for bankruptcy, you are given an "automatic ...
Continue reading "What to do When Creditors Harass You" »
Posted on Sep 15, 2011 By Bizar & Doyle, LLC
Even though the company is partially funded by a billionaire investor, a copyright lawsuit filer may be forced to pursue business bankruptcy . The company is currently in the middle of a serious ...
Continue reading "Company in Bankruptcy files Copyright Lawsuit" »
Posted on Sep 14, 2011 By Bizar & Doyle, LLC
After filing for Chapter 11 reorganization bankruptcy last year, a popular Chicago-based pizzeria chain already has some interested bidders. Among them is a local owner who already has several ...
Continue reading "Bidders Fight Over Bankrupt Chicago Pizza Chain" »
Posted on Sep 13, 2011 By Bizar & Doyle, LLC
Despite the stigma that Chapter 7 sometimes carries, filing for bankruptcy could be the smartest thing you do for your finances. Did you know that when you successfully file for bankruptcy, you will ...
Continue reading "Repair Finances with Chapter 7" »
Posted on Sep 12, 2011 By Bizar & Doyle, LLC
Just because you purchase a home for one dollar does not mean you are actually getting a good deal. That is what one woman learned when she bought a 19 th century Victorian home for just one hundred ...
Continue reading "Woman Purchases Home for $1 and Faces Foreclosure" »
Posted on Sep 9, 2011 By Bizar & Doyle, LLC
Are you considering Chapter 13 bankruptcy as a way to deal with your financial challenges? If so, you need to be certain that this is the type of bankruptcy that you want to complete before you have ...
Continue reading "Is Chapter 13 Right for You?" »
Posted on Sep 8, 2011 By Bizar & Doyle, LLC
Although Chapter 7 bankruptcy is often seen as the most preferred chapter to file under, not everyone will qualify for its protection. According the United States Bankruptcy Code, a partnership, ...
Continue reading "Qualifying for Chapter 7" »
Posted on Sep 7, 2011 By Bizar & Doyle, LLC
Chicago, along with other areas of the country, has experienced a decline in the sale of foreclosed homes over the past few months. However, these homes have made up a larger percentage overall of ...
Continue reading "Foreclosure Home Sales Decline in Chicago" »
Posted on Sep 6, 2011 By Bizar & Doyle, LLC
Are you constantly struggling to make payments toward debts? Are you already behind on certain payments? If so, you may qualify for bankruptcy. However, before you make submit all the paperwork, it is ...
Continue reading "Addressing Debt with Bankruptcy" »
Posted on Sep 5, 2011 By Bizar & Doyle, LLC
One of the largest newspaper companies in the country is plowing ahead in its business bankruptcy plans with talk of a new incentive program. If successful, the payout plan will help the company ...
Continue reading "Bankrupt Newspaper Introduces New Incentive Plan" »
Posted on Sep 2, 2011 By Bizar & Doyle, LLC
Are you considering bankruptcy as a way to avoid additional financial hardship or the loss of your home? If so, you might qualify for Chapter 13 bankruptcy . While most people will try to file for ...
Continue reading "Keeping Your Home with Chapter 13" »
Posted on Sep 1, 2011 By Bizar & Doyle, LLC
Understanding the difference between Chapter 7 and Chapter 13 bankruptcy can make all the difference in the success of your bankruptcy filing. The primary difference between the two types of ...
Continue reading "Chapter 7 vs. Chapter 13" »