September 2012 Archives

Illinois residents may want to talk about financial problems

Doctors and the media have often expressed a concern that stress can cause illness and even death. Being able to talk about things like financial problems, bankruptcy, and tight budgets may help relieve some of the stress debt creates. Many Illinois residents may not want to talk about their credit card debt and how tough things are for them. However, the stress of trying to handle things alone may sometimes be too much.

Illinois patients could find medical debt relief under the ACA

Through no fault of their own, a lot of Illinois patients end up struggling to pay their medical bills. Patients who are unable to avoid going to the doctor may find themselves hounded by collection agencies later on. Finding debt relief from medical bills isn't always easy, but the new Affordable Care Act, or ACA, may help.

Illinois bankruptcy: credit card traps may be difficult to avoid

Illinois consumers know that credit cards can be helpful by offering rewards and special interest rates to facilitate a variety of much needed purchases, but they can also become a trap if the consumer is not wise to a creditor's tricks. In today's economy, more and more people have to use credit cards just to live. Under certain economic difficulties and circumstances, the option to file for bankruptcy may be a viable option for individuals who find they are struggling to pay down credit card debt.

One of the oldest clothier's in Illinois files Chapter 11 again

One of the first things to go in a recession is luxury items. People just aren't as willing to part with their money for items they consider wants and not needs. The evidence of that can be seen in the recent filing for Chapter 11 bankruptcy protection by an Illinois treasure and one of its oldest clothing stores.

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