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9 Oct, 2013
Reaves & Lee

Student Loan Debt Not Being Paid

Student loan debt seems to be on everyone’s mind these days, from students to parents to the government. Congress is currently fighting to decide whether to keep interest rates the same or lower them, which could make a big...

8 Oct, 2013
Reaves & Lee

Chapter 7 Cannot Discharge Tax Debt

If you are faced with a significant amount of IRS tax debt, you may be at your wit’s end searching for an answer. Sadly, most tax debt cannot be discharged in Chapter 7 bankruptcy; and even those debts that can be...

7 Oct, 2013
Reaves & Lee

Scrap Metal Company Files Chapter 11

A Chicago-based scrap metal recycling company has recently filed for Chapter 11 protection. As a result of the filing, the company will be selling a large portion of its assets to a rival scrap recycling firm, clearing out...