Recent Posts in October, 2014

What is the role of a U.S. trustee in a Chapter 11 bankruptcy?
Oct 29, 2014

During bankruptcy, a trustee is assigned to assist with the process. In Chapter 11, the U.S. trustee's role is important in monitoring the case as it ...

Posted By Sulaiman Law Group, Ltd.
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Why should I use an attorney to file a personal bankruptcy?
Oct 20, 2014

While a corporation or partnership that files for bankruptcy must do so through an attorney, individual debtors who are filing for bankruptcy in ...

Posted By Sulaiman Law Group, Ltd.
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What are the eligibility requirements of Chapter 7 bankruptcy?
Oct 17, 2014

An Illinois individual, partnership, corporation or other business entity can file for Chapter 7 bankruptcy, though the only people who qualify for ...

Posted By Sulaiman Law Group, Ltd.
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What is Chapter 13 bankruptcy and how does it work?
Oct 2, 2014

Two of the most common types of personal bankruptcy are Chapter 7 and Chapter 13 bankruptcy. Unlike a Chapter 7 bankruptcy, where a debtor's ...

Posted By Sulaiman Law Group, Ltd.
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What is Chapter 11 bankruptcy and how does it work?
Oct 2, 2014

Illinois businesses may be familiar with a form of bankruptcy that allow a business to reorganize debt and refinance it in order to prevent final ...

Posted By Sulaiman Law Group, Ltd.
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