Students at ITT will be off the hook for $168,000,000.00 in student loans. As a result of a settlement with over 40 states and the Consumer Financia

The University of Phoenix has agreed to a $191,000,000.00 settlement with the Fair Trade Commission. The settlement is a result of allegations that s

In some bankruptcy cases creditors are allowed to file a claim asking the court to allow them to receive a distribution from the bankruptcy. In order

78,000 students have loans for attending colleges owned by Carinthian Colleges. Carinthian is a for profit company that operated a number of trade s

Possible relief for students may be on the horizon. Depending on the report you read it is estimated that there are up to approximately 1.2 Trilli

With the cold winters and hot summers we have here in northern Illinois, topped with some fairly high utility rates, it is no wonder that our utility

It should come to no surprise that I am not a fan of large banks. I find their credit card policies and their mortgage dealings to be less than open,

What is a “short sale” and will it help me? This is a question I get asked a lot. Let me explain what a short sale is, and then we can discuss

What is the difference between Chapter 7 & Chapter 13 – General Overview. While the U. S. Bankruptcy Code has several chapters (types) of ba

The clerks office for the Northern District of Illinois has announced that the fees the court charges to file a bankruptcy will increase. Effective