Wednesday, 8th February 2012.

Foreclosure Filings in Chicago remain Elevated

Posted on Saturday, 30th April 2011 by Gregory T

RealtyTrac reports that the number of foreclosures in the Chicago-metropolitan area fell nearly 16 percent in March, when compared to last year. We may not be out of the woods though, as the foreclosure number jumped more than 23 percent, when compared to February, according to The Herald-News.

As more and more homes are lost in the area, homeowners continue to seek bankruptcy protection to stop foreclosure in Chicago.

Our Chicago bankruptcy lawyers understand there is a way to secure your financial future after navigating through these financial speed bumps. An experienced attorney can help you determine the best options for your situation and help you get your finances back on track.

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Tags: Chicago, Filings Chicago
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Pilot Program Recovers $247,000 In Unpaid Taxes

Posted on Friday, 29th April 2011 by Nicholas P

Hundreds of thousands of dollars in unpaid taxes were collected in California through the use of an automated message delivery system. The Newport Beach, California company MessageBroadcast completed a four week Revenue Recovery pilot for Californias Franchise Tax Board.

MessageBroadcast sent messages to taxpayers with unpaid tax bills. They used voice, SMC, email, and broadband to automatically send messages that let the taxpayer have immediate access to an FTB representative. They can also opt to visit a website or have someone call them back at a later date.

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Tags: Taxes, Unpaid Taxes
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Debt Elimination Scam Busted In Texas

Posted on Monday, 25th April 2011 by Nicholas P

A jury ordered a Texas businessman to pay $13.8 million for committing fraud against at least 700 Texans, according to the Texas Attorney Generals Office. Attorney General Greg Abbotts office announced the verdict against Robert M. Lindsey earlier this week. Lindsey failed to register his debt elimination companies including Jubilee Financial Management LLC, The Credit Card Solution (TCCS), and Freedom from Debt Alliance with state authorities and also made false claims that he would restore customers credit ratings and remove their debt.

According to a news release issued by the Texas Attorney General, more than 700 people paid an average of $3,000 for these fraudulent services. Jurors convicted Lindsey under the grounds that he violated the Texas Deceptive Trade Practices Act and the Texas Credit Services Act.

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Tags: Busted Texas, Texas
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Lawsuit against Credit Score Company Illustrates Pitfalls – Bankruptcy Advice in Chicago Critical to Righting Your Financial Ship

Posted on Sunday, 24th April 2011 by Gregory T

Your credit score is a helpful number to know before borrowing money and could save you thousands of dollars. However, by the time a consumer decides to consider bankruptcy, late payments and other credit issues have typically made monitoring your credit score irrelevant.

A new lawsuit filed in a California federal court is going after Experian and its popular credit score monitoring services. The lawsuit says Experian does not give consumers their FICO score, instead providing them with a similar three-digit number that is unique to Experian and essentially useless, according to The Red Tape Chronicles.

Our Chicago bankruptcy lawyers would like to remind you that many important factors go into calculating your credit score and seeking your calculation from a reputable and trustworthy company is important when thinking about getting loan, buying a home or any other process that may require a credit score.

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Tags: Bankruptcy, Credit Score
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