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December 2018 Archives

Will I lose all my assets if I file Chapter 7 bankruptcy?

You are in debt and you need relief fast. Your income is limited and you have assets but they do not have a lot of monetary value. While they may not be worth much, you still want to know if you will lose your assets if you pursue a Chapter 7 bankruptcy. Guess what? Thanks to exemptions offered in Illinois, you may be able to keep your property.

Get an affordable repayment plan with Chapter 13 bankruptcy

Many Illinois residents have debt and don't know how to overcome it. There are a number of debt relief options out there. It is just a matter of choosing what works best for one's situation. For some, budgeting and working with creditors will do the trick. For others, a Chapter 13 bankruptcy filing may be a better fit.

Credit card debt continues to soar

Numerous Illinois residents depend on their credit cards to get by financially. Many of them carry balances that they struggle to pay off and they are not alone in that. It was recently reported that the average American household is drowning in credit card debt. How bad it is, exactly?

Illinois estate planning: Start with a will

No one wants to think about one's own mortality. It can be a depressing subject. Failing to think about it, though, can hurt oneself and one's family in the end. Illinois residents who are not ready to dive head first into the estate planning process can grant themselves and their loved ones some protection by at least having a valid will in place.

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

Toll Free: 800-491-7493
Fax: 888-691-8337
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Available to meet throughout Will and DuPont Counties