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Will Filing for Bankruptcy Stop Creditor Harassment?
Debt collectors are generally allowed to use a variety of tactics to recover the money that debtors owe, including texting or making calls, sending ...
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Atlas Consumer Law
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Will Filing for Bankruptcy Get Rid of Your Medical Debt?
Did you know that an approximated 72 million Americans struggle with medical debt at any given time? This number actually translates to more than 40% ...
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Atlas Consumer Law
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Unsecured Debt Explained
Unsecured debt is a type of loan that isn’t backed with underlying assets. Examples of unsecured debt include: Credit Card Debt Medical Bills Utility ...
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Atlas Consumer Law
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How Deficiency Judgements Work in Illinois
What is a Deficiency Judgement? A deficiency judgment can be ordered by a court if a lender wants to pursue the balance of your loan after your ...
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Atlas Consumer Law
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Credit Card Use After Bankruptcy
After filing bankruptcy, it can be difficult to start building up your credit score once again. There are a number of ways to improve credit, credit ...
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Atlas Consumer Law
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3 Debts That Aren’t Dischargeable by Bankruptcy
Many people are hesitant about declaring bankruptcy because of what it will do to their credit report, while others are so overwhelmed by debt they ...
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Atlas Consumer Law
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Secretary of Education Decision to Benefit 800+ College Career-Training Programs
Betsy DeVos, the United States Secretary of Education for the Trump Administration, has recently announced that the Department of Education (DOE) ...
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Atlas Consumer Law
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Most Americans Are Living Between Paychecks, New Survey Says
Unemployment rates across the United States are as low as they have ever been in the last 16 years. While this figure is certainly cause for some ...
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Atlas Consumer Law
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Enforceability of Ipso Facto Clauses in Bankruptcy
Most lease and purchase contracts include a termination-on-bankruptcy (ToB) provision. Usually referred to as an ipso facto clause, the term generally ...
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Atlas Consumer Law
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Selling Your Assets After Bankruptcy: What You Need To Know
Now that your bankruptcy case is finally finished, you are probably wondering if you can begin to sell your assets for cash. But before you post your ...
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Atlas Consumer Law
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Debt Collectors May Be Penalized for Filing Claims in Bankruptcy
Bad news for debt collectors: the 11 th Circuit Court held in Johnson v. Midland that debt collectors may face penalties under the Fair Debt ...
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Sulaiman Law Group, LTD
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Consumer Defense: A Tactical Guide to Foreclosure, Bankruptcy, and Creditor Harassment
Attorneys Ahmad T. Sulaiman and Matthew H. Hector are the authors of Consumer Defense: A Tactical Guide to Foreclosure, Bankruptcy, and Creditor ...
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Atlas Consumer Law
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Rapper 50 Cent Ordered to Bankruptcy Court Over Instagram Photos
A bankruptcy judge has ordered 50 Cent into her courtroom to explain a number of photos of the rapper posing with large stacks of cash, suggesting ...
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Sulaiman Law Group, LTD
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How to Fix Your Credit Report After Bankruptcy
One of the most frequently asked questions we receive from clients is how to fix a credit report after bankruptcy. While it is very important for ...
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Sulaiman Law Group, LTD
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Are Income Taxes Dischargeable in Bankruptcy?
Contrary to popular belief, income taxes can be discharged at bankruptcy under certain circumstances. In fact, local, state, and federal income taxes ...
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Sulaiman Law Group, LTD
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How The Sale Of Discharged Debt Thwarts The Bankruptcy Discharge
BloombergBusiness has published an interesting article about the sale of discharged debts. Many consumers do not know that banks will sell debts that ...
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Matthew Hector of Sulaiman Law Group, Ltd.
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Debtors may find bankruptcy better than ignoring the problem
According to a new report from the Federal Reserve Bank of New York, debtors in Illinois and around the country are more likely to avoid filing ...
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Sulaiman Law Group, Ltd.
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DOJ Announces $50 Million Settlement With JP Morgan Chase Over Robosigned Docs In Bankruptcy Cases
According to the DOJ's press release , JP Morgan Chase has agreed to a $50 million settlement with the U.S. Trustee Program. As part of the settlement ...
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Sulaiman Law Group, Ltd.
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Debt relief and bankruptcy
Consumers in Illinois may benefit from learning more about the distinguishing factors that differentiate filing bankruptcy from obtaining debt relief. ...
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Sulaiman Law Group, Ltd.
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Personal bankruptcy and credit card debt
Many people throughout Illinois are struggling with credit card debt. It is all too easy to swipe a credit card for a few purchases and eventually ...
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Sulaiman Law Group, Ltd.
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How to use bankruptcy to delay foreclosure
For Illinois homeowners who are facing foreclosure, bankruptcy may be a powerful tool to stave off any action by a lender to take their home away. The ...
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Sulaiman Law Group, Ltd.
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Are SSD and SSI benefits protected in bankruptcy?
We frequently write about both the benefits and temporary drawbacks of filing for personal bankruptcy. When individuals are struggling to cope with ...
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Sulaiman Law Group, Ltd.
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Bankruptcy Filing Fees To Increase on June 1, 2014
During its March 2014 session, the Judicial Conference decided to raise the bankruptcy filing fees effective on June 1, 2014. The fee to file an ...
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Sulaiman Law Group, Ltd.
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Considering Filing Bankruptcy? Be Sure To Preserve Your Claims Against Creditors
When you file for bankrupcty, you are required to disclose all of your assets and liabilities. Most people think of assets as things (tangible or ...
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Sulaiman Law Group, Ltd.
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FHA Changes Eligibility For Borrowers Post-Bankruptcy and Post-Foreclosure
FHA loans have been a reliable source of mortgage lending for people with less-than-perfect credit. It is possible to get an FHA mortgage two years ...
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Sulaiman Law Group, Ltd.
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Are Bad Check Debts Dischargeable In Bankruptcy?
In Illinois, intentionally writing a bad check is a felony offense. (720 ILCS 5/17-1) The statute section is titled, "Deceptive Practices." This ...
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Sulaiman Law Group, Ltd.
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Another good reason to consider filing for bankruptcy
Over four years ago, the American economy took a sharp nosedive, as did the economies of several other western, industrialized nations. Thankfully, ...
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Sulaiman Law Group, Ltd.
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Holiday Spending and Bankruptcy
As we head into the winter holiday season, many consumers increase their spending. For consumers waiting for the New Year to get a fresh start in ...
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Sulaiman Law Group, Ltd.
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Five Considerations for Couples Considering Bankruptcy AND Divorce
It is an unfortunate truth that some couples facing financial hardship are also considering dissolving their marriage. Here are five things to ...
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Sulaiman Law Group, Ltd.
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Rich Dad, Poor Dad Author Files For Bankruptcy Protection -- For His Corporation
It's obvious that I don't pay enough attention to "wealth building" schemes. Prior to reading this article about Robert Kiyosaki, I had no idea that ...
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Sulaiman Law Group, Ltd.
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Another Federal Appeals Court Approves Bankruptcy Lien Stripping
The United States Bankruptcy Appellate Panel for the Eighth Circuit is the latest federal appellate court to approve a debtor's plan involving lien ...
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Sulaiman Law Group, LTD.
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