Everyone in Illinois is supposed to have some sort of medical coverage. That's one of the key provisions of the Affordable Care Act. Still, as we have noted in previous posts, that doesn't mean the troubling issue of medical debt has disappeared. Such bills continue to be the reason behind most filings for bankruptcy.
Is the definition of 'undue hardship' about to change?
It is widely stated and generally believed that student loan debt cannot be discharged as part of the bankruptcy process. As we have said on a number of occasions, and in one post in particular, erasing student loan debt in bankruptcy can be a challenge, but it is not impossible.
Condo foreclosure a unique legal challenge
The Chicago area may not have the snowbird attraction of cities in the Sunbelt. Places like Arizona, Texas or Florida draw folks away during the winter months. Condominiums, rather than detached single-family homes, tend to be the abode of choice for those flocking south.
