Archives for December 2012

Bankruptcy Case Study By Attorney David M. Siegel

This is the case of Joseph Loomis who comes to me from Aurora, Illinois for consultation regarding debt relief.  Mr. Loomis has never filed for bankruptcy before.  He is not a homeowner and he is not renting, either.  He is living with his parents.  He has a 2012 Ford Transit which is financed by Ford Credit and there is no equity in that vehicle.  There is also a co-debtor on that vehicle. In terms of personal property, he has very minor household goods, a little bit of furniture, a little bit of clothing and he has approximately $35,000 in an IRA which is protected.  He is single with no dependent children and he is currently not working.  He is working sometimes part-time as a + Read More

Call 1 (847) 520-8100ORFREE INITIAL CONSULTATION
  • AS SEEN ON:
AS SEEN ON: