This is the case of Amy Jackson who resides in Chicago, Illinois who was visiting me for a consultation on debt relief.  Ms. Jackson filed a Chapter 7 bankruptcy more than 10 years ago so she is eligible to file once again.  She does not own any real estate.  She is currently renting.  No formal lease but she is paying $900 a month for rent.  She has no vehicle in her name and she is not using a vehicle. In terms of personal property and assets, she has a checking and savings account at Citibank with an approximate amount on account between the two accounts of $400.  Her security deposit is $900 per month.  Her household goods which includes her TV, her furniture and her other minor + Click Here For Read More

This is the case of Ms. Corey Felton who was in my office to see me about debt relief whether it be Chapter 7 or Chapter 13.  Corey resides on Waverly Place in Joliet, Illinois which is Will County, Illinois.  She filed a Chapter 7 bankruptcy back in 2001 so it’s been more than eight years.  She is able to file another bankruptcy case if she so chooses.  She does not own any real estate.  She is currently renting.  Her landlord has got her under a month to month lease. She does not have a vehicle in her name.  She is using a vehicle that is currently in her father’s name so she has no equity in that vehicle.  In terms of personal property, she has a checking account at TCF Bank and she + Click Here For Read More

This is the case of Gail Sanders who lives on 60th St. in Chicago, Illinois.  She is interested in filing a Chapter 7 bankruptcy to eliminate credit card debt.  Gail has never filed bankruptcy before.  She is not a homeowner.  She is renting.  Her landlord is St. Edmunds Commons.  She has a yearly lease which expires in December. In terms of a vehicle, she has a paid off 2004 Chevy vehicle with 113,000 miles.  We estimate the vehicle at approximately $1500 and she intends to keep it and keep it running. She has a checking and a savings account at TCF and at PNC Bank.  The approximate balance in both accounts less than $100.  She’s got minor household goods which she is overvaluing at + Click Here For Read More

This is the case of Kelly Stapick who comes to me from Villa Park, Illinois which is in DuPage County, Illinois.  She is also here with her husband, Joseph Stapick. The couple does own real estate property worth approximately $190,000.  It’s a single-family home.  There is one mortgage on the property and they owe approximately 200,000, thus there is no equity.  They are up-to-date on their real estate and they wish to keep it.  They are not renting from anybody and nobody is renting from them. In terms of personal property, they have a 2011 Honda Civic which is financed by Honda Financial Services.  The vehicle is worth approximately $12,000 and they owe approximately $15,000.  They + Click Here For Read More

This is the case of Jimmy Brownlow who resides in Chicago, Illinois.  He’s here for a consultation regarding Chapter 7 or Chapter 13.  Mr. Brownlow has never filed for bankruptcy before.  He does have a two flat which is worth approximately $176,000 and he owes $179,000.  He has property tax arrears of $1400.  He is $25,000 behind with his mortgage company Chase and he has indicated that he wants to surrender the two flat.  He’s not renting from anybody and nobody is renting from him so he is not gaining any monetary value for having the two flat. In terms of a vehicle, he has a 2001 Chevrolet Blazer which is paid in full with an approximate value of $25,000.  He has a checking account at + Click Here For Read More

This is the case of Barb from Chicago, Illinois.  Barb comes to my office with medical bills, credit card bills and most importantly, a home that she really cannot afford.  She has an equity loan on her home which matures in approximately 2 years.  She is considering Chapter 7 bankruptcy to eliminate her debt but also for some long-term planning.  By that I mean she is thinking of surrendering the house at some point down the road in exchange for her fresh start under Chapter 7. She has medical issues which she feels might lead her to possibly not surviving in the next 4 to 5 years.  Her thinking is she can stay in her house, make the utility payments, food, clothing, entertainment, gas, + Click Here For Read More