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26 Sep, 2013
Reaves & Lee

Can I File Chapter 13?

Chapter 13 bankruptcy is a fairly common form of filing for bankruptcy, but there are a few general guidelines to follow to ensure you are eligible and that everything goes smoothly. If you are considering whether filing...

25 Sep, 2013
Reaves & Lee

Short Sales Not Always the Answer

Those faced with underwater mortgages may be looking for a way to avoid foreclosure; if so, you have probably heard about or considered the possibility of a short sale. Short sales have a distinct set of advantages, but are...

25 Sep, 2013
Reaves & Lee

Money Management Pitfalls

There are a whole host of innocent-seeming mistakes that many people make when it comes to managing their finances. These money management pitfalls are relatively minor individually, but when a few of them are combined, the...

24 Sep, 2013
Reaves & Lee

Wage Garnishment Limits

If you have been stuck with an injunction and a garnishment order by a creditor, you are no doubt feeling the burden. Wage garnishment is a tough thing to deal with; even if you know the state of your debts, and you know your...

23 Sep, 2013
Reaves & Lee

Chicago Foreclosure Rates Way Down

Continuing a trend that has been seen nationwide, Chicago has reported that its foreclosure rate is down a satisfying 59% from just one year ago, according to the latest study. This is a promising sign for the recovery of the...