What is Chapter 11 Bankruptcy?

What is Chapter 11 Bankruptcy?

If you’re considering bankruptcy, the first step you need to take is determining which form of bankruptcy fits your needs. There are several types, and each serves a unique function. What is chapter 11 bankruptcy and is it right for you? An experienced bankruptcy...
What is Chapter 7 Bankruptcy?

What is Chapter 7 Bankruptcy?

Bankruptcy is a big decision, and you’ve most likely done your research if it’s something you’re considering. By this time, you’ve probably realized there are several types of bankruptcy. They each serve a unique purpose and are meant to help people in different...
What is a Durable Power of Attorney and How Do You Set One Up?

What is a Durable Power of Attorney and How Do You Set One Up?

Setting up a power of attorney (”POA”) is very useful if you anticipate being incapacitated or unable to manage decisions in the future. It’s also a good idea to set up a power of attorney even if you don’t expect anything preventing your decision making abilities in...
What is Chapter 13 Bankruptcy?

What is Chapter 13 Bankruptcy?

When it comes to filing bankruptcy, a lot of questions come up. There are many things you should know about bankruptcy before determining if it is the right course of action for you. For instance, what types of bankruptcy are there? What are the requirements? What is...
Who Can Be Executor of Estate in Illinois?

Who Can Be Executor of Estate in Illinois?

When making an estate plan, there are a lot of difficult decisions to make. Having an experienced attorney by your side can make all the difference. They can help you set up trusts, construct a will, and even name an executor of your estate. An executor of estate is a...
Probate Real Estate

Probate Real Estate

Losing a loved one is a really hard thing to go through. There are so many things to get in order and many complex steps one must take before the probate process can begin. But what happens when someone passes and leaves a home or property behind?  In Illinois,...