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May 2016 Archives

Debt collection suit mills often strike the most vulnerable

Debt collection is big business and one of the most effective tools collecting companies use is the court system. According to an investigative series by ProPublica, the practice of debt buying firms turning to the courts really began to take off in the late 1990s. It peaked in the mid 2000s but continues to be a lucrative revenue source for debt buyers still today.

Gun ownership rights and bankruptcy

When it comes to gun control laws let's just say Illinois comes out on the progressive side of the equation. According to gunlawscorecard.org, Illinois ranks as one of the top states for what the group considers to be "common-sense gun policies."

Latest federal home finance assist won't help much, says 1 report

The last Great Recession is slowly fading into history. According to the numbers, it ended in about 2009 or so. But that does not mean that the negative effects of the economic downturn have disappeared. The burst of the housing bubble that was a big contributor to the problems can still be felt today around DuPage County and the rest of Illinois. For many people what that means is the threatened loss of a home through foreclosure.

What would boosting financial literacy do for the economy?

It is a well-documented reality that the foundation of our economy in Illinois and the rest of the country is the privately owned small business. That suggests that there is no lack of interest or entrepreneurial spirit within the average population. But might there be even more room for improving the environment? What might that take?

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Lynch Law Offices, P.C.
1011 Warrenville Road
Suite 150
Lisle, IL 60532

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Fax: 888-691-8337
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