Steven Grace Law

Bankruptcy

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Protecting Tax Refunds in Bankruptcy: Chicago Attorney’s Guide

As tax season approaches, individuals looking to file bankruptcy in Illinois must carefully consider the impact of their tax refunds on the bankruptcy process. This blog post will guide you through some of the strategies I have learned for protecting tax refunds in both Chapter 7 and Chapter 13 bankruptcy, offering insights to safeguard this

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Trapped in a Payday Loan DebtCycle? Get Help & Find Financial Freedom in Chicago

Introduction In times of financial distress, I have seen many individuals turn to payday loans as a quick solution to meet immediate expenses. Unfortunately, these short-term, high-interest loans often lead borrowers into a cycle of debt that becomes increasingly difficult to escape. While Illinois law has taken significant steps to address predatory lending practices, payday

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Multiple Bankruptcy Filings: Navigating the Fine Print

Navigating the complexities of bankruptcy laws can be daunting, especially for individuals considering a second or third bankruptcy filing. If you’ve already utilized either Chapter 7 or Chapter 13 to tackle debt, understanding the eligibility and limitations for refiling becomes crucial. This post delves into the nitty-gritty of multiple bankruptcy filings and the intricacies of

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Beyond Legal Expertise: The Human Touch of a Great Bankruptcy Lawyer

Years ago, I had a client facing an IRS audit. He’d hired a lawyer to accompany him, but after the meeting with the IRS, his words still echo in my mind. “She had no bedside manner, Steve,” he said, his voice heavy. “She didn’t make me feel comfortable, didn’t explain things, didn’t seem to care.”

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Bankrupt? Breathe Easy. Your Path to a Stellar Credit Score Starts Now.

Bankruptcy can feel like a financial dead end, but it’s actually a fresh start. Yes, your credit score will take a hit, but with smart strategies, you can rebuild it stronger than ever. This guide will equip you with the tools and tactics to navigate the post-bankruptcy landscape and emerge with a credit score that

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