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Don't forget to secure a Legal Audit to ensure compliance with applicable laws, regulations, and industry best-practices. How? That's easy: contact M. Hedayat & Associates, P.C. for your Free Legal Audit. With over 18 years of legal experience under his belt, a string of start up companies to his credit, and an MBA in addition...
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You can find yourself in serious debt anytime. Reasons range from the interest rate on your ARM loan to unemployment, the state of the housing market, failed ventures, even natural disasters. If you're confronted by out of control debt, sudden illness, or job loss; could the resulting budget chaos threaten your home or nudge you...
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Coal plants are expected to close at an escalating rate over the next 5 years that will eventually be quadruple what it is today. Midwest Generation, a major employer in the Will County area, is not immune to the trend. Management has announced that it is looking into a Chapter 11 reorganization in order to...
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How does a company with $69.8 million in assets and only $9.2 million in liabilities end up filing for Chapter 11 bankruptcy protection? The answer is crime doesn’t pay, especially when you get caught hiring a hit man to make someone “stop breathing.” An Offer A Creditor Can’t Refuse…Unless Someone’s Wearing a Wire. Daniel Dvorkin,...
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Unemployment is stubbornly high. The recovery has nearly stalled. People's savings are low. The housing market's so-called rebound has been uneven. Since June 2011 almost a million and a half people have sought bankruptcy protection. The number of filers keeps growing (so much for the salutary effect of BAPCPA). Is there hope?
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Did the Chapter11 Debtor in Possession wait too long to disqualify opposing counsel based on a "conflict?" Looks like Judge Schmetterer thought so. You've been warned.
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Our first community seminar "Foreclosure Alternatives" will take place October 29 at 6 P.M. We will repeat the Seminar October 30 at 6:00 P.M. and Saturday, November 3, at noon. All seminars at Rasmussen College, Romeoville.
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Think bankruptcy could be just what you need to fend off over-reaching creditors and get that fresh start? You're right. But how to go about it? In this post we'll outline the steps you need to take.
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According to the best practices website maintained by the National Governors’ Association, legislators, courts, and law enforcement officials in Illinois have taken steps to deal with the mortgage mess. Whether any of them will do any good is still up in the air. Mortgage Fraud Hotline: 800-532-8785 Governor’s Homeowner Assistance Initiative: free mortgage counseling and...
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