Katz and Wulff Attorneys at Law

Practicing exclusively in bankruptcy and proudly serving Southern Illinois for more than 20 years.

Bankruptcy in the News

Here are some links to news stories that we have collected for your further consideration:

NPR/Talk of the Nation: Sometimes, Filing For Bankruptcy is Best (April 20, 2009. Jane Bryant Quinn explains why it makes sense to go bankruptcy to preserve your retirement accounts and other exempt assets. Know your rights!)

The New York Times: Debt Settlers Offer Promises but Little Help (April 19, 2009)

The Chicago Tribune: In this economy, bankruptcy may be an answer for many (March 15, 2009)

Credit Slips Blog on “Should I File for Bankruptcy” (Jan 23, 2009) (‘rules of thumb’ about when it’s appropriate to file).

November: Largest Consumer Credit Growth in a Decade (Jan 10, 2012)

Illinois Attorney General Cracking Down on Creditor Abuse of Arrest Warrants in Debt Cases (February, 2012)

What to Do if You Can’t Pay Your Taxes (February 12, 2012)

Bankruptcy is an efficient alternative available to individuals who have become unable to meet their obligations. The purpose of the bankruptcy law is two-fold: (1) To afford a fresh financial start to honest but unfortunate borrowers, and (2) to ensure an orderly and fair disposition as between the rights of borrowers and lenders.