Here’s a hilarious video clip from The Office (one of my favorite television comedies), demonstrating the wrong way to declare bankruptcy: Related Posts:Bankruptcy Basics VideosClose Your Bank Accounts Before Filing BankruptcyDo I Make Too Much Money to File for Chapter 7 Bankruptcy?Watch Out For Cheap Bankruptcy Firms
Here’s a valuable tip that I offer to my clients during our bankruptcy consultations: Close your checking and savings accounts if you also have outstanding loans at the same bank. Now, you may be thinking, “But I love my bank! I’ve been with them for years and they’re so friendly. They gave me a free…
I love documentaries. It’s easier (and more entertaining) for me to learn something new by watching a video than by reading a book. So if you’re a visual learner like me and you’re interested in learning more about bankruptcy, check out my new video page. On the page you can view a series of nine…
Here’s a great bankruptcy question sent to me on Facebook. My reply was too long to post directly to my Facebook page, so I made it a blog post instead: Q: Is there a debt ratio used when filing bankruptcy… meaning can I make too much money to file a Chapter 7? A: Most people…
Here’s an MSN Money article by personal finance columnist and author Liz Pulliam Weston that is well worth a read. The article isn’t new, but its report on the risks of hiring a low cost “Bankruptcy Mill” to handle your bankruptcy case is still relevant today. According to Ms. Weston, there are 2…
Discusses estate planning techniques used to ensure that life insurance proceeds are not reduced by claims of an Illinois insured’s creditors at death or estate tax liabilities owed by the insured’s estate.
Wills are not only for individuals who are married with children. This post describes why a single person with no dependents may choose to prepare a will.
New Illinois banking law authorizes banks to create “convenience accounts” granting individuals the right to deposit and withdraw for the convenience of the account owner but without granting ownership of the accounts to the “convenience depositors.”
This is a good article from the Los Angeles Times explaining why it is important for those who already have estate plans to take a second look at them in 2010.
Short post relating the importance of life insurance as the primary estate planning tool for many families, especially in light of the current economic recession.
