Wonais Law, LLC Legal Blog
Converting Chapter 13 to Chapter 7 Bankruptcy
Posted in: Chapter 13 Bankruptcy Law, Chapter 7 Bankruptcy Law
You can have everything planned out, do all the right things, and still find yourself stuck in a financial situation you never saw coming. That’s life. A good job becomes a layoff. Medical bills sneak up out of nowhere. Rent increases, interest piles up, or your car gives up at the worst time. The repayment […]
Buying a House While in Chapter 13 Bankruptcy
Posted in: Bankruptcy Law, Chapter 13 Bankruptcy Law
Navigating the path to homeownership can be challenging, especially when dealing with financial hurdles like Chapter 13 bankruptcy. Chapter 13 bankruptcy doesn’t shut the door on your dream of owning a home. Can you buy a house while in chapter 13? In fact, it is possible to buy a house while in Chapter 13 bankruptcy […]
How Long Does Chapter 13 Bankruptcy Take?
Posted in: Bankruptcy Law, Chapter 13 Bankruptcy Law
Filing for Chapter 13 bankruptcy is a significant financial decision, often chosen by those with regular income who need a structured repayment plan for their debts. This leads many people to ask the question, “How long is Chapter 13 bankruptcy?” They’re ready to get this part of their life over with, and move on. Typically, […]
How Does Chapter 13 Bankruptcy Affect Tax Debt?
Posted in: Bankruptcy Law, Chapter 13 Bankruptcy Law
Navigating the financial waters of debt and taxes can be overwhelming, especially when faced with the prospect of bankruptcy. Debt Pros is dedicated to helping clients understand and manage their financial obligations, particularly when it comes to the intersection of Chapter 13 bankruptcy and tax debt. In this blog post, we’ll outline how our firm […]
How Often You Can File For Bankruptcy
Experienced Chicago bankruptcy lawyers The thought of filing for bankruptcy may be scary and something you never expected you would have to consider. Unfortunately, things happen in life that cause you to fall behind on payments to your creditors. Over time this debt will continue to pile up and become overwhelming. Luckily, filing for Chapter 7 bankruptcy […]