Retirement Investing while Paying Off Student Loans
Why would I save for retirement when I am paying off my student loan debt? This doesn't make any sense! Oh yes it does!!!! While you might think it is better to pay off all of your debt before saving for retirement, think again. Not only do you need to save regularly...
Pay off Student Loans and Buy a House
What's the number one way to pay off your student loans and buy a house? Get on an income based payment plan for your student loans. Whether you've got $15,000 or $300,000 in student loans, the income based plan counts as full payments that are not deferments. Why is this important? Because...
Why a Will is So Nice to Have – Give your assets to the relatives you choose
Have you ever wondered why people still go to the bother of writing a Will? Well here is one example where it makes a lot of sense.
A few years ago, a woman named Jasmine passed away leaving an estate of 3 real estate parcels located in two states...
How Do I Sell My CCLT Chicago Community Land Trust Property Condo or Home
How do I Sell My CCLT Chicago Community Land Trust Property Condo or Home
Its Easy, get it listed for sale with the Chicago Community Land Trust (CCLT). Then wait for a buyer to get approved by the CCLT. Once approved, the buyer will be instructed to enter into...
Prorate a Chicago Water Bill
Prorate a Chicago Water Bill. First, get a copy of the most recent water bill. Find out the billing cycle. For a non-metered account it is issued every six months so look at the bill and use the month it is issued and then add six months for the other billing month. ...
CCLT Chicago Community Land Trust
David C. Nelson has been practicing real estate law since 1994 and has represented clients in CCLT transactions since 2007. Attorney Nelson is a CCLT trained, endorsed and recommended attorney for CCLT transactions. Whether you are selling or buying a CCLT home or condominium, NLO Nelson Law Office is your first step...
Disabled. Can I File Chapter 7 with Equity in Home?
Disabled with Equity in Home Can I file Chapter 7 Bankruptcy. Are you disabled? Have you applied for disability but are waiting for approval? Have you applied, been denied and have appealed disability? Do you have over $20,000 in credit card debt and can pay your credit cards? Have you owned your...
Can you Discharge Tax Debt in Chapter 7?
Can you Discharge Tax Debt in Chapter 7? Yes. Tax debt which is over 3 years old can be discharged. Payroll Tax Debt from the operation of a business is not discharged. Sales Tax Debt from the operation of a business is not discharged. To properly determine with accuracy whether your tax...
Proration of Chicago Water Bill
You can prorate a chicago water bill. To prorate simply request the prior years full bill which is two six month bills. Then divide the total year bill by 360 to get the per day cost. Then count the days from when the last bill was issued. Use following equation to caluculate...
When Should I Convert my Chapter 13 Bankruptcy to a Chapter 7?
When should I convert my chapter 13 bankruptcy to a chapter 7? Loss of employment loss of income plan is no longer feasible. You no longer need save your home or cars.
Section 348 of the bankruptcy code says that the qualification for a chapter 7 discharge is the...