by Dan Sugrue | Nov 6, 2013 | Bankruptcy Law
When you file for bankruptcy, whether it be through Chapter 7 or Chapter 13, you’re entitled to protect some of your property from being included as part of the bankruptcy estate, and subject to liquidation by your creditors. These are called exemptions. For...
by Dan Sugrue | Aug 8, 2012 | Bankruptcy Law, General Legal
The U.S. Bankruptcy court for the Northern District of Illinois ruled in the case of City of Chicago v. Norman Paul Wexler, 12 A 338, that the Chapter 7 trustee could not intervene in the adversary proceeding filed by the City of Chicago against the debtor, Norman...
by Dan Sugrue | Jul 18, 2012 | Bankruptcy Law
In Aurora Loan Services v. Pajor, 2012 Ill.App3d 110899, the Appelate court upheld a denial of defendant’s 2-1401 motion to vacate a foreclosure judgment because 1) there were no new facts not already in the record on appeal which necessitated the motion and 2)...