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May 2011 Archives

Over 200 Homeowners in Cook County Illinois Saved From Foreclosure

A Cook County mortgage foreclosure mediation program has prevented 216 homeowners from having to surrender their homes to the bank. A report given to the Cook County Board earlier this month showed roughly a third of the homeowners who took part in the county's mediation program were given permanent modifications by their lenders.

Five Common Personal Bankruptcy Myths

Filing for bankruptcy is a significant decision, and it is one not made easily made, considering prevalent misinformation on the issue. Clearing up five common myths about personal bankruptcy can help people better understand the process and its effects:

Welcome to the Chicago Bankruptcy Blog

If you are struggling with debt and considering bankruptcy, it is important to keep up with changes in the law. New legislation and case law could affect your debt relief options. At Ledford & Wu, we help clients throughout Chicago and the surrounding areas file for bankruptcy. We can assist you with Chapter 7, Chapter 13 and Chapter 11 bankruptcy proceedings.

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